A man allows 40% discount on market price and there is loss of 30%. If it is sold at the market price, what will be the profit percent?

Answer 1

Revenue - Costs = Profits

Profit percentage = Profit/Price

.6(P) - C = -.3*P

C = .9P (Costs are 90% of the price)

P - C = P - .9P = 0.1P

The profit percent is 10% when sold at market price.