Latest Syntel Aptitude Question SOLUTION: Q. A trader marks his goods up by 50% and declares two successive discounts of 20% each. What is his overall gain? Option a) 10% gai

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Q. A trader marks his goods up by 50% and declares two successive discounts of 20% each. What is his overall gain?
Option
a) 10% gain
b) 4% gain
c) 4% loss
d) 10% loss
e) No loss No gain

Asked In Syntel (12 years ago)

Solved Shiv Kumar Read Solution (10)

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Shiv Kumar  (12 years ago)

Ans C.

Let's Assume initial amount is 100
trader intially marks his goods up by 50% means cost will be 150

Then two successive discounts of 20% each
First discount=150-150x0.2 = 120
Second one =120-120x0.2 = 96

Hence loss by 4%

Is this solution Helpfull? Yes (75) | No (3)  

Pargat Pal Singh  (12 years ago)

If x is his cost price, then
selling price = x*1.5*0.8*0.8 = 0.96x
loss=0.04x

% loss = 100*0.4x/x= 4% ... option C

Is this solution Helpfull? Yes (12) | No (9)  

Rashmi Chouhary  (10 years ago)

CP = Rs. 100 50% up means MP=150 first discount 20% of 150 =30 means 120 after first discnt aftr 2nd 24 = 96. he had a loss of 4%

Is this solution Helpfull? Yes (8) | No (1)  

maithali  (10 years ago)

assume that the original cost price is 100.
then, since he increases it by 50%,hence 50% of 100 is 50.
hence the cost at which he is trying to sell the material is 150.
now when he offers the 1st discount then, 20% of 150 is 30, reduce this from the cost at which he is trying to sell, it becomes 120.
now again a discount of 20% is offered, then take 20%of the price 120, which is 24.
hence reduce this amt. from 120 we get 96.
now originally the cost price was 100, now hes selling it at 96.
hence a loss of 4rs.
now for loss%=( loss/cost price ) * 100
(4/100)*100=4% loss.

Is this solution Helpfull? Yes (3) | No (1)  

pavan korwar  (10 years ago)

consider the cost of his good 100,
up by 50%=150,
20%discount=120(150-30),
20% again=96(120-24)
so 96means --> 4% Loss

Is this solution Helpfull? Yes (2) | No (1)  

archana kumari  (10 years ago)

overall gain=x*(150/100)*(80/100)*(80/100)
=x*(96/100)
=4%loss

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mac  (10 years ago)

50% increase
20% discount means --> (-20)%
Solution
50 + (-20) + (50 X (-20))/100 = 20 %
Since there are 2 discounts of 20%
20 + (-20) + (20 X (-20))/100 = - 4 %.
Minus means loss, so 4 % loss

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sonu ahmad  (10 years ago)

option c

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Kunal Gupta  (10 years ago)

by the formula m+n+((mn)/100)

for loss/dis negative sign will be used
Final ans= [c]4% loss

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Sourangsu Bandyopadhyay  (10 years ago)

Answer: C

overall gain=x*(150/100)*(80/100)*(80/100)
=x*(96/100)
=4%loss

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