Question

An article is marked 40% over its cost price. Two successive discounts of 14 2/7% and 10% are allowed on the marked price of the article. Find the profit/loss per cent after selling at discount.
1) 7% Loss
2) 8% loss
3) 8% profit
4) 7% profit.

Answer 1

1.4 c * 85 2/7% * 90% = ?

Answer 2

85 5/7 %

Answer 3

sir how u got 85 5/7% ?

Answer 4

come on. a 10% discount means that the new price is 90% as much (100 - 10 = 90)

similarly, a 14 2/7% discount means the result is (100 - 14 2/7)% = 85 5/7%

Answer 5

1.4 c * 85 2/7% * 90% = 1.0746 c

7.46% above original cost

looks like 4)