Latest REVENUE OFFICER Aptitude Question SOLUTION: A shopkeeper claims to sell his articles at a discount of 10% but marks his articles by increasing the cost of each by 40%.His gain percent is? (a)26% (b)29% (c)30% (d)35%

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(#M40036122) REVENUE OFFICER Numerical Ability question profit and loss Keep an EYE

A shopkeeper claims to sell his articles at a discount of 10% but marks his articles by increasing the cost of each by 40%.His gain percent is?

(a)26%
(b)29%
(c)30%
(d)35%

Asked In REVENUE OFFICER Janavi (10 years ago)

Unsolved Read Solution (5)

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Ann Theressa  (10 years ago)

26%

Let x be the original price of article.
Shopkeeper increases the marked price by 40%

So selling price = x + 40/100*x = 140/100*x = 1.4x

He then gives a discount of 10%
Selling price = 1.4x - 10/100*1.4x
= 1.4x - 0.14x
= 1.26x

Gain % = (SP - CP)/CP*100
= (1.26x - x)/x*100
= 26%

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rubavarnan  (10 years ago)

gain % is 40 and discount % is 10.so total income is 30%

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Rahul singh  (10 years ago)

price be x
then marked value=1.4x
now he gives a discount of 105
so price=.9*1.4x=1.26
now gain %=.26*100=26%
so the ans is a

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Santosh Yadav  (9 years ago)

26...................................

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ranjna  (9 years ago)

let c.p=100 mp=140,s.p=140-10/100*140=126
gain %=26
correct ans is option a

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