Ravinder
Ravinder
8 years ago

A seller increases the cost price of an article by 30% and fixxed the market price as Rs 286. But during sale he gave 10% discount to the purchaser. His percentage of profit will be ?

A. 17%

B. 10%

C. 15%

D. 20%

Solution(By Examveda Team)

Let Original CP = X.

MP = Rs. 286

MP = X + 30% of X

286 = 1.30X

X = 220.

CP = Rs. 220

SP = 286 - 10% of 286 = 257.4

Gain = 257.4 - 220 = 37.4.

%gain = (37.4 *100) /220 = 17%.


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Comments ( 5 )

  1. Janani
    Janani :
    8 years ago

    20%

  2. Ranu Priya
    Ranu Priya :
    8 years ago

    17%

  3. Vishal
    Vishal :
    8 years ago

    17 %

  4. Abcd
    Abcd :
    8 years ago

    D

  5. Arunava
    Arunava :
    8 years ago

    Let, CP be Rs.x. Therefore by condition: x+(x*30%)=286, x=Rs.220
    SP=286-(286*10%)=Rs.257.4
    Profit%=(257.4-220)/220*100=17%.

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