A dealer buys a table for ₹2,750. He first marks it up by 28%, then allows a 12% discount to a customer. If the customer also pays 5% GST on the selling price, find the profit percentage (excluding GST) made by the dealer.
12.64%
The cost price of the table is ₹2,750. Marking it up by 28% gives the marked price \(2750\times1.28=3520\).
A 12% discount on the marked price gives the selling price \(3520\times(1-0.12)=3520\times0.88=3097.6\).
The 5% GST is charged on top of the selling price and is passed on to the government, so it does not add to the dealer’s profit and is excluded from this calculation.
The dealer’s profit is \(3097.6-2750=347.6\).
The profit percentage is \(\frac{347.6}{2750}\times100=12.64\%\).
Hence, the answer is 12.64%.
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