A trader marks his goods at 45 above the cost price He offers a discount of 21 to his customers What...........

Quantitative Aptitude (CHSL) Profit and loss

A trader marks his goods at 45% above the cost price. He offers a discount of 21% to his customers. What is his percentage

profit (rounded off to the nearest integer)?

This questions was previously asked in

SSC CHSL 24th May 2022 Shift-2

14%

15%

18%

12%

- The trader increases the cost price by 45% when marking up his goods.

- Therefore, the marked price becomes 145% of the cost price.

- A discount of 21% is given on the marked price.

- The selling price, after the discount, is 79% of the marked price (100% - 21%).

- The selling price is 79% of 145% of the cost price, which computes to 114.55% of the cost price.

- Therefore, the profit percentage is calculated as 114.55% - 100% = 14.55%.

- Rounding 14.55% to the nearest integer gives a profit percentage of 15%.

- Correct Option: 15%

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