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A dealer allows 36% discount on the mark...

A dealer allows `36%` discount on the marked price of an article and still gains `28%` .If the cost price of the article is reduced by `10%` , how much discount percent should he allow now so as to get the same percentage of profit as before ?

A

`45.8%`

B

`54.2%`

C

`57.2%`

D

`42.4%`

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The correct Answer is:
To solve the problem step by step, we will follow the reasoning laid out in the video transcript. ### Step 1: Assume the Cost Price (CP) Let the cost price (CP) of the article be \( CP = 100 \) (we can assume any value for simplicity). ### Step 2: Calculate the Selling Price (SP) with 28% Profit Since the dealer gains 28%, the selling price (SP) can be calculated as: \[ SP = CP + 28\% \text{ of } CP = 100 + 28 = 128 \] ### Step 3: Determine the Marked Price (MP) The dealer allows a discount of 36% on the marked price (MP). Let the marked price be \( MP = X \). The selling price after applying the discount can be expressed as: \[ SP = MP - \text{Discount} = X - 0.36X = 0.64X \] Setting this equal to the selling price we calculated: \[ 0.64X = 128 \] ### Step 4: Solve for the Marked Price (MP) To find \( X \): \[ X = \frac{128}{0.64} = 200 \] So, the marked price \( MP = 200 \). ### Step 5: Calculate the New Cost Price (CP) If the cost price is reduced by 10%, the new cost price becomes: \[ \text{New CP} = 100 - 10\% \text{ of } 100 = 100 - 10 = 90 \] ### Step 6: Calculate the Selling Price (SP) for the Same Profit Percentage To maintain the same profit percentage of 28% on the new cost price: \[ \text{Profit} = 28\% \text{ of New CP} = 0.28 \times 90 = 25.2 \] Thus, the new selling price becomes: \[ \text{New SP} = \text{New CP} + \text{Profit} = 90 + 25.2 = 115.2 \] ### Step 7: Calculate the Discount Required Now, we need to find the discount percentage on the marked price to achieve this new selling price: \[ \text{Discount} = MP - \text{New SP} = 200 - 115.2 = 84.8 \] ### Step 8: Calculate the Discount Percentage The discount percentage can be calculated as: \[ \text{Discount Percentage} = \left(\frac{\text{Discount}}{MP}\right) \times 100 = \left(\frac{84.8}{200}\right) \times 100 = 42.4\% \] ### Final Answer The dealer should allow a discount of **42.4%** to achieve the same profit percentage as before. ---
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