Question

The list price of a commodity is RM 120 and the percentage profit is 60%. If the commodity is sold at a discount of 30%. The profit is​

Answer 1

Answer: RM 86.40

Explanation:

The profit can be calculated as follows:

Selling price = List price + Profit

Profit = (Percentage profit/100) x List price

Discount = (Discount percentage/100) x Selling price

Selling price after discount = Selling price - Discount

Let's plug in the given values into these formulas:

List price = RM 120

Percentage profit = 60%

Profit = (60/100) x 120 = RM 72

Discount percentage = 30%

Selling price = 120 + 72 = RM 192

Discount = (30/100) x 192 = RM 57.60

Selling price after discount = 192 - 57.60 = RM 134.40

To calculate the profit after discount, we need to subtract the cost price from the selling price after discount:

Profit after discount = Selling price after discount - Cost price

Cost price = List price - Profit = 120 - 72 = RM 48

Profit after discount = 134.40 - 48 = RM 86.40

Therefore, the profit after the discount is RM 86.40.