Question

A sweet shop owner buys 10 boxes of sweets for the price of 8 boxes from a wholesaler. If he sells each box at a 2% discount on its marked price, what is his profit percentage?

• A. 20%
• B. 24.36%
• C. 22.5%
• D. 25.86%

Answer 1

Answer:

C. 22.5%

Assume the marked price (MP) of one box = ₹100.

• He buys 10 boxes for the price of 8 boxes.

• Cost of 8 boxes = (8 \times 100 = ₹800).

• Therefore, **cost price per box = ₹800/10 = ₹80).

He gives a 2% discount on the marked price:

• Selling price per box = (100 - 2% \times 100 = ₹98).

Profit per box:

• (98 - 80 = ₹18).

Profit percentage:

$\text{Profit \%}=\frac{18}{80}\times100=22.5\%$

Answer: 22.5%