ssccglapex

The cost price of an article is 80% of its marked price for sale. How much per cent does the tradesman gain after allowing a discount of 12%?

A. Rs. 70 B. Rs. 80 C. Rs. 90 D. Rs. 100 Answer: Option C
Show Answer

Solution(By Apex Team)

$\begin{array}{l}\text{Let the original price of tea be Rs. x kg}\\ \text{After reduction of the price becomes }\\ \text{= x – 10% of x = }\frac{9x}{10}\ \text{per kg}\\ \text{Now,}\\ \frac{22500}{\frac{9x}{10}}-\frac{22500}{x}=25\\ \text{or,}\ 22500\left[\frac{10}{9x}-\frac{1}{x}\right]=25\\ \text{or,}\ 25\times9x=22500\\ \text{or,}\ x=\frac{22500}{25\times9}=\text{Rs.}\ 100\\ \text{Hence, new price }\\ \text{= 90 per kg}\end{array}$

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 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
Show Answer

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. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
Show Answer

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 gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
Show Answer

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. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Show Answer



More Related Questions on Profit and Loss