A seller bought an object at 40 % discount in printed price. He made price sticker for the object

M4maths Previous Puzzles

29 Dec 2010 Profits In investment

A seller bought an object at 40 % discount in printed price. He made price sticker for the object in which
he wrote the price 20 % greater than the printed price. He gave 40 % discount to a customer on this price.
How many % profits did he get on his investment?

OPtion

1) 9
2) 14
3) 10
4) 13
5) 11
6) 20
7) 8
8) 15
9) 18
10) 12

Solution

Let the printed price of the object is 100
Price in which, seller bought it = 60 % of 100 = 60
Sticker price = 120 % of 100 = 120
Selling price = 60 % of 120 = 72
% profit on investment = 12*100/60 = 20

Correct Option: 6 Best Solution (13)

Dr.Dipin Singh   14 years AGO

If printed price is Rs 100, his cost price is Rs 60.He made price sticker for the object in which
he wrote the price 20 % greater than the printed price. so marked price is Rs 120.He gave 40 % discount to a customer on this price ( Rs 120) means he sold it for Rs 120-48= Rs 72.

His profit on Rs 60 is Rs 12.

His % age profit = 100 *12/60 =20%

Like? Yes (1) | No   

Sathish   14 years AGO

Consider the original price tag is Rs. 100
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So on 40% discount, he would have bought for Rs. 60
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If the new price tag is 20% more than old price tag, it is Rs. 120
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40% discount on this will constitute to Rs. 48
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So he has sold for 120-48=72
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12/60 is the profit.
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its percent is (12/60)*100 = 20%

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Mithila Nand Jha   14 years AGO

let printed price be rs 100
c.p for seller=rs 40
now price marked by seller=rs 120
discount allowed=rs 48
s.p=rs 72
gain=72-60 i.e rs 12
gain %=(12/60)*100=20%

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Mayur   14 years AGO

If P is printed price, then CP = 0.60*P and SP = 0.72P.. hence % profit = 20%

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pulakesh banerjee   14 years AGO

let the printed price is 100.then the cost price is 60.agin the printed price of the seller is 120.as per question selling price is 72.so the profit is 12.the profit percentsge is 20%

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A.P.Singh   14 years AGO

If printed price is X, Cost price is 0.6 X.

Selling price is 1.2X*0.6=0.72X.

profit = 0.12 x. on CP of 0.6X
% age profit = 20%

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prabhat kumar sharma   14 years AGO

let the print price =100 Rs.
then cost price =100-40=Rs 60
now print price of seller is 20% greater than the last print price is 120
therefore after discounting 40% from the new print price is=120-(120x40)/100=72
therefore profit % is =72-60=12/60x100=20%

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raj singh   14 years AGO

let the print price =100 Rs.
then cost price =100-40=Rs 60
now print price of seller is 20% greater than the last print price is 120
therefore after discounting 40% from the new print price is=120-(120x40)/100=72
therefore profit % is =72-60=12/60x100=20%

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Shikha   14 years AGO

100*(72-60)/60= 100*12/60=20%

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Achelal Sharma   14 years AGO

if the printed price is 100
he bought it for 60 (investment=60)
changed the rate as 120
and sold it for 72
he got 12 rs profit of 20

Like? Yes (1) | No   

Anirban   14 years AGO

printed price = 100
bought with discount 40% =60.
new price with 20% more = 120.
next discount of 40% = 72.
profit = 12.
profit % = 20%.

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RAVI   14 years AGO

let the printed price be 100
so he got 40% discount =100-.4*100=60
he raise the price on the stickr by 20% so= 120
then he gave 40% discount=120-(.4*120)= 72
so profit=72-60=12

% of profit=(12*100)/60=20

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amrit raj   14 years AGO

let the printed price be x.
seller bought it at 0.6x.(40% discount)
he wrote the price as 1.2x(20%greater than printed price)
he sold the object to the customer at .72x.(40% discount on the new printed price.
%profit=(.72x-.60x)/.60x *100=20%

Like? Yes (1) | No