A purchased a dining table marked at Rs. 3000 at a successive discounts of 10% and 15% respectively. He gave Rs. 105 as trans-portion charge and sold it at Rs. 3200. What is his gain percentage ?
A. $$22\frac{1}{3}\% $$
B. 25%
C. $$33\frac{1}{3}\% $$
D. $$37\frac{{17}}{{24}}\% $$
Answer: Option C
Solution(By Examveda Team)
Market price of dining table = Rs. 3000After discount, cost price
$$\eqalign{ & {\text{ = 3000}} \times \frac{{90}}{{100}} \times \frac{{85}}{{100}} \cr & {\text{ = Rs}}{\text{. 2295}} \cr} $$
After transport charges = 2295 + 105
$$\eqalign{ & {\text{Cost price = Rs}}{\text{. 2400}} \cr & {\text{Selling price = Rs}}{\text{. 3200}} \cr & {\text{Profit }}\% {\text{ }} \cr & = \frac{{3200 - 2400}}{{2400}} \times 100 \cr & = \frac{{800 \times 100}}{{2400}} \cr & = 33\frac{1}{3}\% \cr} $$
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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