A trader sold an article at sh.4800 after allowing his customer a 12% discount on the marked price of the article. In so doing he made...

A trader sold an article at sh.4800 after allowing his customer a 12% discount on the marked price of
the article. In so doing he made a profit of 45% .
a) Calculate
(i) the marked price of the article.
(ii) the price at which the trader had bought the article
b) If the trader had sold the same article without giving a discount. Calculate the percentage profit he
would have made.
c) To clear his stock, the trader decided to sell the remaining articles at a loss of 12.5% (Calculate the price at which he sold each article.

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C) 87.5 of 3310.34
100
= 2,896.55

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Kavungya answered the question on June 19, 2019 at 07:50

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