Question

Mrs. Gurung allowed 10% discount on her fancy items to make 25% profit and sold a lady bag for Rs 5,085 with 13% VAT. Due to the excessive demands of her items, she decreased the discount percent by 2%. By how much was her profit percent increased?​

Answers

  1. Her profit % was increased by 2.77%
    Answer:
    Solution Given:
    discount =10%
    profit =25%
    S.P with 13% vat = Rs 5,085
    S.P+Vat% of S.P= Rs 5,085
    S.P(1+13%)=Rs 5,085
    S.P=Rs 5,085/1.13
    S.P =Rs 4,500
    Again
    M.P = S.P+discount% of M.P
    M.P- discount% of M.P= Rs 4,500
    M.P(1-10%)=Rs 4,500
    M.P=Rs 4,500/0.9
    M.P = Rs 5,000
    Now
    C.P= (S.P*100)/(1+profit%)
    C.P=(4,500*100)/(100+25%)
    C.P= Rs 3,600
    Again
    profit =S.P- C.P= Rs 4,500-Rs 3,600=Rs 900
    Again
    Due to the excessive demands of her items, she decreased the discount percent by 2%.
    So,
    New discount = 10%-2%=8%
    New S.P= M.P -discount% of M.P
    =M.P(1-discount%)
    =Rs 5,000(1-8%)
    =Rs 4,600
    Again
    Profit=S.P- C.P
    New profit =Rs 4,600 – Rs 3,600=Rs 1,000
    Profit% =profit/C.P*100%= 1000/3600*100=27.77%
    Profit % increased =New profit%- profit%
    =27.77-25
    =2.77%

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