
A dealer buys an article marked at Rs. 25,000 with 20% and 5% off. He spends Rs. 2,000 for its repairs and sells it for Rs. 25,000. What is his gain or loss per cent?
A. 21% loss B. 10.50% loss C. 19.05% Gain D. 25% Gain Answer: Option CShow Answer
Solution(By Apex Team)
Total CP = (95% of 80% of Rs.25000) + (2000)
$\begin{array}{l}
=\left(\frac{95}{100} \times \frac{80}{100} \times 25000\right)+2000 \\
=19000+2000=\text { Rs. } 21000
\end{array}$
Therefore, CP = Rs.21000 and SP = Rs.25000
Therefore, Gain = 25000 – 21000 = Rs.4000
Therefore, Gain % $=\frac{4000}{21000} \times 100 \%=\frac{400}{21} \%$
= 19.05% (approx.)
Related Questions on Profit and Loss
A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A. 45 : 56B. 45 : 51
C. 47 : 56
D. 47 : 51
By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
A. Rs. 2600B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
A. A neither losses nor gainsB. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.
A. Rs. 3,750B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250