Latest self Aptitude Question SOLUTION: After offering a discount of 20% on the list price a trader gains 25%. If the discount is increased to 25% approximately what is the gain percentage. Options... 10.5% 15% 20% 17.2

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(#M40011138) SELF question Profit and Loss Keep an EYE

After offering a discount of 20% on the list price a trader gains 25%. If the discount is increased to 25% approximately what is the gain percentage.

Options...
10.5%
15%
20%
17.2%

Rahul Patel (11 years ago)

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sainath  (11 years ago)

let x be list price...
after 20% discount selling price=80% of x=0.8x
by selling item at 0.8x the trader gains 25%
so 125% of actual cost price=0.8x
=>so cost price=0.8x*100/125=0.64x
after 255 discount selling price=0.75x
so gain%=[(0.75-0.64)x/(0.64)x]*100=[0.11/0.64]*100=17.19%

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sainath  (11 years ago)

let x be list price...
after 20% discount selling price=80% of x=0.8x
by selling item at 0.8x the trader gains 25%
so 125% of actual cost price=0.8x
=>so cost price=0.8x*100/125=0.64x
after 255 discount selling price=0.75x
so gain%=[(0.75-0.64)x/(0.64)x]*100=[0.11/0.64]*100=17.2%...

Is this solution Helpfull? Yes (1) | No   

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