An article's cost price is 64% of its marked price. Determine the profit percentage after a 12% discount.
Show answer Hide answer
Answer: A. 37.5 %
Explanation
Setting the marked price to one hundred establishes a cost price of sixty four currency units. Applying a twelve percent discount yields a new selling price of eighty eight currency units. Calculating the profit margin relative to the cost price gives thirty seven point five percent. Marked prices serve as the baseline from which retail discounts are subtracted. Profit is determined by subtracting the cost price from the final selling price. Percentage profit is calculated by dividing the absolute profit by the original cost price.
Retailers analyze cost and marked prices to determine safe discount limits during sales events. Pricing strategies balance profit margin requirements with competitive market discount rates. Commercial mathematics provides essential tools for business accounting and retail management. Option b represents a slightly inaccurate percentage calculation resulting from minor arithmetic slips. Option c overestimates the profit percentage by using an incorrect cost or selling price baseline. Option d underestimates the profit margin by failing to calculate the correct price difference.
- Subject
- Mathematics
- Category
- Mathematics
- Topic
- —
- Difficulty
- medium
Related questions
Q1. The mean of a non-zero number and its square equals 5 times the number. Find the number__________?
Show answer Hide answer
Answer: A. 9
Expressing the mean of a number and its square creates the algebraic expression x plus x squared over two. Equating this mean expression to five times the number forms a solvable polynomial equation. Dividing the non-zer...
Q2. Compound interest on a sum at 10% p.a. for 2 years is Rs. 525. What is the simple interest on the same sum for twice the time at half the annual rate________?
Show answer Hide answer
Answer: B. Rs. 500
Compound interest for two years at ten percent creates an effective growth factor of zero point twenty-one on the principal. Dividing the compound interest amount of five hundred twenty-five by zero point twenty-one esta...
Q3. The cost of Type 1 rice is Rs. 15 per kg and Type 2 rice is Rs. 20 per kg. If both Type 1 and Type 2 are mixed in the ratio of 2 : 3, then the price per kg of the mixed variety of rice is:_______?
Show answer Hide answer
Answer: A. Rs. 18
The weighted average price is calculated by dividing the total cost of the mixture by the total weight. Multiplying the price of Type 1 rice by two and Type 2 rice by three gives their respective cost contributions. Divi...
Q4. A radio bought for Rs. 1500 is retailed at Rs. 1230. Determine the loss percentage?
Show answer Hide answer
Answer: A. 18%
Subtracting the retail selling price from the original purchase cost gives a total loss of two hundred seventy. Dividing the loss amount by the original cost price determines the fractional loss proportion. Multiplying t...
Q5. A stream current flows at 4 kmph. A boat travels 6 km and returns in 2 hours; find the boat's speed in still water.
Show answer Hide answer
Answer: C. 8 kmph
Letting the boat speed in still water be b, the upstream speed is b minus four and the downstream speed is b plus four. The total travel time equation is six divided by b minus four plus six divided by b plus four equals...
Q6. A cylindrical tin has a 6 cm diameter and a 5 cm height. Find its volume?
Show answer Hide answer
Answer: B. 45 π cc
The radius of the cylindrical tin is half of its given six centimeter diameter, equaling three centimeters. The volume of a cylinder is calculated by multiplying pi by the squared radius and the height. Multiplying the s...