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Numerical Ability
Profit and Loss
A shopkeeper gives a discount of 20% on the sale. By what percent he had to increase the S.P of the item so that after giving discount he got the price of the its C.P.
Read Solution (Total 4)
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- Let CP be 100rs
20% discount
100 * 80/100 = 80rs
so SP =80rs
to get CP again , calculate
x% of SP = 100 (here 100 is CP)
80 * x/100 = 100
x = 125%
125 % of SP is CP
Therefore % increase is 125 - 100 = 25%
Ans : 25%
- 10 years agoHelpfull: Yes(51) No(1)
- just use this formula for this type of question:
(A/(100+or-A))*100
here A is given Percentage
- 10 years agoHelpfull: Yes(6) No(0)
- this problem can be solved by the method of successive percentage....
-20+x+(-20*x/100)=0
here i have written 20 as a negative value because its a discount and x is the required value so it should be positive ...and net value should be 0....
solve above equation and get x=25%
note:successive percentage formula= a+b+(ab/100) - 10 years agoHelpfull: Yes(2) No(1)
- 25% increased then sale
- 10 years agoHelpfull: Yes(1) No(1)
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