Alerts
Wishlist
Cart
Sign In
Categories
Current Affairs & GK
Current Affairs
Show All Current Affairs & GK
eBooks
General Aptitude
Arithmetic Aptitude
Data Interpretation
Show All General Aptitude
General Knowledge
Basic General Knowledge
General Science
Show All General Knowledge
Medical Science
Anatomy
Biochemical Engineering
Biochemistry
Biotechnology
Microbiology
Show All Medical Science
Technical
Database
Digital Electronics
Electronics
Networking
Show All Technical
Verbal and Reasoning
Logical Reasoning
Verbal Ability
Verbal Reasoning
Show All Verbal and Reasoning
›
A merchant bought a batch of goods for $500 and sold them for $600. If he had gi
A merchant bought a batch of goods for $500 and sold them for $600. If he had given a discount of 10% on the selling price, what would be his profit?
Expand All
Collapse All
Practice Questions
1 question
Q1
A merchant bought a batch of goods for $500 and sold them for $600. If he had given a discount of 10% on the selling price, what would be his profit?
$50
$60
$70
$40
Show Solution
Copy
Selling Price after discount = 600 - 10% of 600 = 600 - 60 = 540. Profit = 540 - 500 = 40.
Questions & Step-by-step Solutions
1 item
Q
Q: A merchant bought a batch of goods for $500 and sold them for $600. If he had given a discount of 10% on the selling price, what would be his profit?
Solution:
Selling Price after discount = 600 - 10% of 600 = 600 - 60 = 540. Profit = 540 - 500 = 40.
Steps: 5
Show Steps
Step 1: Identify the cost price of the goods, which is $500.
Step 2: Identify the original selling price of the goods, which is $600.
Step 3: Calculate the discount amount by finding 10% of the selling price: 10% of $600 = $60.
Step 4: Subtract the discount from the original selling price to find the selling price after discount: $600 - $60 = $540.
Step 5: Calculate the profit by subtracting the cost price from the selling price after discount: $540 - $500 = $40.
Related Questions
A
A discount of 15% on a marked price results in a selling price of $255. What was
Question: A discount of 15% on a marked price results in a selling price of $255. What was the marke..
A
A customer buys a laptop for $800 after a discount of 20%. What was the marked p
Question: A customer buys a laptop for $800 after a discount of 20%. What was the marked price?Optio..
W
Which sentence would best fit in the blank space in the following paragraph? 'Wh
Question: Which sentence would best fit in the blank space in the following paragraph? \'While socia..
A
A product is sold for $300 after a discount of 30%. What was the original price?
Question: A product is sold for $300 after a discount of 30%. What was the original price?Options: $..
W
What can be inferred about the author's attitude towards social media?
Question: What can be inferred about the author\'s attitude towards social media?Options: The author..
‹
Biology (School & UG)
Chemistry (School & UG)
Civil Engineering
Commerce & Accountancy
Computer Science & IT
Current Affairs & GK
Data Structures & Algorithms
eBooks
Electrical & Electronics Engineering
English (School)
General Aptitude
General Knowledge
General Knowledge & Current Affairs
Languages & Literature
Law & Legal Studies
Major Competitive Exams
Mathematics (School)
Mechanical Engineering
Medical Science
Physics (School & Undergraduate)
Quantitative Aptitude & Reasoning
Social Science (School)
Technical
Verbal and Reasoning
Vocational & Skill Development
›
Soulshift Feedback
×
On a scale of 0–10, how likely are you to recommend
The Soulshift Academy
?
0
1
2
3
4
5
6
7
8
9
10
Not likely
Very likely
✕
↑
