Syntel
Company
Numerical Ability
Area and Volume
Q. A trader marks his goods up by 50% and declares two successive discounts of 20% each. What is his overall gain?
Option
a) 10% gain
b) 4% gain
c) 4% loss
d) 10% loss
e) No loss No gain
Read Solution (Total 10)
-
- Ans C.
Let's Assume initial amount is 100
trader intially marks his goods up by 50% means cost will be 150
Then two successive discounts of 20% each
First discount=150-150x0.2 = 120
Second one =120-120x0.2 = 96
Hence loss by 4%
- 12 years agoHelpfull: Yes(75) No(3)
- If x is his cost price, then
selling price = x*1.5*0.8*0.8 = 0.96x
loss=0.04x
% loss = 100*0.4x/x= 4% ... option C - 12 years agoHelpfull: Yes(12) No(9)
- CP = Rs. 100 50% up means MP=150 first discount 20% of 150 =30 means 120 after first discnt aftr 2nd 24 = 96. he had a loss of 4%
- 11 years agoHelpfull: Yes(8) No(1)
- assume that the original cost price is 100.
then, since he increases it by 50%,hence 50% of 100 is 50.
hence the cost at which he is trying to sell the material is 150.
now when he offers the 1st discount then, 20% of 150 is 30, reduce this from the cost at which he is trying to sell, it becomes 120.
now again a discount of 20% is offered, then take 20%of the price 120, which is 24.
hence reduce this amt. from 120 we get 96.
now originally the cost price was 100, now hes selling it at 96.
hence a loss of 4rs.
now for loss%=( loss/cost price ) * 100
(4/100)*100=4% loss.
- 11 years agoHelpfull: Yes(3) No(1)
- consider the cost of his good 100,
up by 50%=150,
20%discount=120(150-30),
20% again=96(120-24)
so 96means --> 4% Loss - 11 years agoHelpfull: Yes(2) No(1)
- overall gain=x*(150/100)*(80/100)*(80/100)
=x*(96/100)
=4%loss - 11 years agoHelpfull: Yes(1) No(1)
- 50% increase
20% discount means --> (-20)%
Solution
50 + (-20) + (50 X (-20))/100 = 20 %
Since there are 2 discounts of 20%
20 + (-20) + (20 X (-20))/100 = - 4 %.
Minus means loss, so 4 % loss - 10 years agoHelpfull: Yes(1) No(0)
- option c
- 11 years agoHelpfull: Yes(0) No(0)
- by the formula m+n+((mn)/100)
for loss/dis negative sign will be used
Final ans= [c]4% loss
- 10 years agoHelpfull: Yes(0) No(0)
- Answer: C
overall gain=x*(150/100)*(80/100)*(80/100)
=x*(96/100)
=4%loss - 10 years agoHelpfull: Yes(0) No(0)
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