Elitmus
Exam
Numerical Ability
Profit and Loss
a shopkeeper wants to give 20% discount on a toy.he has to sell it for rs300.if he sells it at rs 405,then what is his gain %?
Read Solution (Total 2)
-
- Here discount and gain is done relative to Marked Price'
let Marked Price = x
80% of x=300 So x= 375
Now gain=405-375= Rs.30
Gain%= 30/375*100 = 1/12.5*100 =8% - 5 years agoHelpfull: Yes(1) No(0)
- Let CP = 100x
Discount = 20%
SP = 100x - 20% of CP⇒ 80x
According to the question,
80x⟷ Rs. 300
1x⟶ 300/80×100
100x⟶300/80×100=375
Actual CP = Rs. 375
New SP = Rs. 405
Profit = Rs. 30
Given percent
=30/375×100=8%Ans. - 5 years agoHelpfull: Yes(0) No(0)
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