A retailer bought 50 kg of Arhar Dal at a discount of 20%. Another 2 kg of Arhar dal was offered to him for free by the
wholesaler on the purchase of 50 kg of the dal. If the retailer sells the entire quantity of the dal at the marked price to a
customer, what is the profit percentage gained by the retailer?
This questions was previously asked in
SSC MTS 13th July 2022 Shift-1
Explanation:
- The retailer receives a 20% discount on 50 kg of Arhar Dal. Thus, he effectively pays 80% of the marked price for these 50 kg.
- Additionally, he receives 2 kg of dal for free, increasing his total quantity to 52 kg while still paying only for 50 kg.
- The retailer sells all 52 kg at the marked price without any discount.
To calculate the profit percentage:
1. Calculate the cost price (CP) for 50 kg after discount.
2. The selling price (SP) is the marked price of 52 kg.
3. Profit = SP - CP.
4. Profit percentage is calculated as \(\frac{\text{Profit}}{\text{CP}} \times 100\).
Given this setup, the effective profit percentage calculated is 30%.
30% is the correct option.
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