IBPS Government Jobs Exams Numerical Ability Profit and Loss

a shopkeeper sold in air-conditioner for rs 25935 at a discount of 9% and earned a profit of 3.14%. what would have been the %age of profit earned if no discount had been offered.

Read Solution (Total 2)

13.34%

(100-9)% of SP =(100+3.14)% of CP
91% of SP=103.14% of CP
SP=100*(103.14/91)% of CP= 113.34% CP
So With no discount profit earned=113.34-100= 13.34%
10 years agoHelpfull: Yes(6) No(0)

Discount is always on SP.
Profit is always on CP.
Thus, (100-9)% of SP =(100+3.14)% of CP
91% of SP=103.14% of CP
SP=100*(103.14/91)% of CP= 113.34% CP
So With no discount profit earned=113.34-100= 13.34%
10 years agoHelpfull: Yes(4) No(0)

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