L&T Company Numerical Ability Profit and Loss

A tradesman marks his goods 30% above cost price. If he allows discount of 6(1/4)%, then his gain per cent is:
(a) 22%
(b) 21(7/8)%
(c) 23(3/4)%
(d) 36(1/4)%
(e) None of these

Read Solution (Total 4)

(b): C.P.=Rs. 100. Then, marked price=Rs. 130.
Therefore, S.P.=93(3/4)% of Rs. 130=(375/400)X130=121(7/8).
Hence, gain=21(7/8)%.
7 years agoHelpfull: Yes(9) No(3)

C.P =100
M.P=Rs. 130
S.P=130-((130*25/4)/100)=RS 975/8
Gain=(975/8)-100=175/8
Gain%=21(7/8)
5 years agoHelpfull: Yes(2) No(0)
C.P.=Rs. 100. Then, marked price=Rs. 130.
Therefore, S.P.=93(3/4)% of Rs. 130=(375/400)X130=121(7/8).
Hence, gain=21(7/8)%.
7 years agoHelpfull: Yes(1) No(4)
cp=100 ,then mrked price=130.
sp=mp-dis=130-(25/4)= 123 3/4
gain percent =123 3/4
6 years agoHelpfull: Yes(0) No(3)

L&T Other Question

The average of three consecutive odd numbers is 12 more than one third of the first of these numbers. What is the last of the three numbers?
(1) 15
(2) 17
(3) 19
(4) Data inadequate
(5) None of these A fan is listed at Rs. 750 with a discount of 20%. What additional discount must be offered to the customer to bring the net price Rs. 540?
(a) 11(1/9)%
(b) 10%
(c) 11%
(d) 8%
(e) None of these