Syntel Company Numerical Ability Profit and Loss

A trade man marks his goods at 25 % above cost price. If he allows his customers a 10% discount. How much profit does he make ?
a) 10 %
b) 10.5%
c) 12.5 %
d) 15%

Read Solution (Total 1)

Let CP=x,
now 25% of CP=x/4, thn SP= x+x/4= 5x/4,
discount of 10% on SP= 10% of 5x/4=x/8,
nw SP will be (5x/4)-(x/8)=9x/8,
by using formula CP=(100/(100+Gain%))*SP
we get Profit or gain%= 12.5
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Syntel Other Question

A man sold his tow horses for Rs. 770 each, on one he gained 10% and on the other he lost 10%. The average gain or loss is
a) 100 %
b) 0.96 %
c) 4 %
d) 1 % Find the cost of an article sold at 20% gain for Rs. 360/-
a) Rs. 400
b) Rs. 260
c) Rs. 200
d) Rs. 300