Syntel Company Numerical Ability Profit and Loss

A trader gets a discount of 20% from the dealer and marks it at 20% more price then the actual MP to the customer. Find his overall gain %.

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MP =X
20% DISCOUNT
That means consider only 80% of x
add extra amount ans sell to customer.
20% more prize than the mp=x+20% OFX=6X/5
SP= 80% OF X+6X/5 =2X
MP=X ,SP=2X PROFIT=X
P%= X/2X*100= 50%
10 years agoHelpfull: Yes(0) No(1)

Syntel Other Question

A trader gets a profit of 25% on an article. If he buys the article at 10% lesser price and sells it for Rs. 2 less, he still gets 25% profit. Find the actual CP of the article. A trader allows a discount of 20% to the customer after marking the item up by 25%. Find his gain/loss% if he is given a commission of 20% of the MP by the dealer.