A shopkeeper sold an air - conditioner for Rs. 25935 with a discount of 9% and earned a profit of 3.74%. What would have been the percentage of profit if no discount were offered?
A. 12.3%
B. 15.6%
C. 16%
D. None of these
Answer: Option D
Solution(By Examveda Team)
Selling Price = Rs. 25935Let marked price be Rs. x
Then,
$$\eqalign{ & = {\text{91}}\% {\text{ of }}x{\text{ = 25935}} \cr & x{\text{ = }}\left( {\frac{{25935 \times 100}}{{91}}} \right) \cr & \,\,\,\,\,\, = 28500 \cr & {\text{Cost Price}} \cr & = {\text{Rs}}.\left( {\frac{{100}}{{103.74}} \times 25935} \right) \cr & = {\text{Rs}}{\text{. 25000}}{\text{}} \cr} $$
Now Cost price = Rs. 25000
S.P. = Rs. 28500
Profit = Rs. (28500 - 25000) = Rs. 3500
$$\eqalign{ & \therefore {\text{ Required profit }}\% \cr & = \left( {\frac{{3500}}{{25000}} \times 100} \right)\% \cr & = 14\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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