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Company
Numerical Ability
Profit and Loss
While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs. 15 less as profit. The marked price of the watch is:
(a) Rs. 697.50
(b) Rs. 712.50
(c) Rs. 787.50
(d) Rs. 750
Read Solution (Total 6)
-
- If he increases the discount by 2%, then his profit is 15 less. Let the marked price be X.
.02x = 15
x = 750 marked price
To check your work:
If the discount was 5%, he would sell it for 712.50
If the discount was 7%, he would sell it for 697.50 - 8 years agoHelpfull: Yes(9) No(0)
- Let the marked price be Rs. x
Then, (7% of x ) - 15 = 5% of x
⇒ 7x / 100 - 5x / 100 = 15
∴ x = 750 - 8 years agoHelpfull: Yes(6) No(0)
- case1:
MP=x,discount==5%
>x-5%of x=0.93x
case2:
mp=x
discount=7%
- 8 years agoHelpfull: Yes(1) No(0)
- let the marked price be x
7x/100-5x/100=15
2x/100=15
x/50=15
x=50*15
x=750 - 7 years agoHelpfull: Yes(1) No(0)
- Answer
(x*95%) -(x*93%)=15
x=750
So (d) is Correct. - 7 years agoHelpfull: Yes(0) No(0)
- 1.SP=95*MP/100
2.SP =93*MP/100
95*MP/100-93*MP/100=15
2MP=1500
MP=750 - 7 years agoHelpfull: Yes(0) No(0)
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