The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain percent will be = ?
A. 17%
B. 20%
C. 19%
D. 15%
Answer: Option A
Solution(By Examveda Team)
\[\begin{gathered} {\text{CP }}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{SP }}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ MP}} \hfill \\ 100\,\,\xrightarrow[{{\text{Profit}}}]{}\,\,117\,\,\xleftarrow[{ - 20\% }]{}\,\,\,\,130 \hfill \\ \end{gathered} \]$$\eqalign{ & {\text{Now profit }}\% \cr & = \frac{{117 - 100}}{{100}} \times 100 \cr & = 17\% \cr} $$
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
Join The Discussion