Question:
A dealer allows 32% 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 the dealer allow now to get the same percentage of profit as before?
A dealer allows 32% 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 the dealer allow now to get the same percentage of profit as before?
Show Hint
To calculate the new discount after a price change, use the relationship between the new cost price and the desired profit margin.
Updated On: Apr 17, 2025
- 38.2%
- 38.9%
- 40.4%
- 40.6%
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
Let the cost price be \( C \) and the marked price be \( M \). The initial discount is 32% and profit is 28%. Use the profit and discount formula to find the new discount percentage when the cost price is reduced by 10%.
Was this answer helpful?
0
0
Top Questions on Profit & Loss
- A person bought an item for Rs. 21000. He sold it for Rs. 18900. The loss percentage is
- A person bought an item for Rs. 1350 and spent Rs.150 towards transportation of the item. Then he sold it for Rs.1800. The profit percentage is
- A shopkeeper sold an article for Rs 3750. If he had charged 24% less, even then he would have earned a profit of 14%. What is the original cost of the article?
- By selling a table at Rs 475, a person loses 5%. To get a gain of 5%, he should sell the table for:
- A shopkeeper marks an article at such a price that after giving a discount of \(12\frac{1}{2}%\) on the marked price, he still earns a profit of 15%. If the cost price of the article is ₹385, then the marked price (in ₹) of the article will be:
- NPAT - 2021
- Quantitative Aptitude
- Profit & Loss
View More Questions
Questions Asked in NPAT exam
- A can draw 10 illustrations in 5 days. B is three times as productive in twice the amount of time (in comparison to A). How many illustrations can B draw in a day?
- NPAT - 2025
- Time and Work
- Based on the given image, which of the following options must be true?
- NPAT - 2025
- Visual Reasoning
- A, B and C have some marbles. The ratio of the number of marbles with A to the number with B is 2:1. Also, the number of marbles with A to the number with C is 1:4. What is the approximate percentage of the total number of marbles that are with C?
- NPAT - 2025
- Percentages
- If \( p \) and \( q \) are numbers such that the pair of linear equations \( (p + 2)x + (q - 1)y = 10 \) and \( (q + 2)x + (p - 1)y = 10 \) have infinite solutions for \( x \) and \( y \), then \( p = q \).
- NPAT - 2025
- Linear Equations
- If \( x \), \( y \), and \( z \) are positive integers and \( p = \left( \left( (x - 1)^2 / |x| \right) + 2 \right) + \left( \left( (y - 1)^2 / |y| \right) + 2 \right) + \left( \left( (z - 1)^2 / |z| \right) + 2 \right), \) then \( p<6 \).
- NPAT - 2025
- Algebra
View More Questions