Saved Bookmarks
| 1. |
6. A dealer buys an article marked at Rs. 25000 on two successive discountsof first 20% and then 5%. He spends Rs. 1000 for its repair and then sellst for Rs. 25000. What is his gain or loss percent? |
Answer» SolutionGiven :-
Find :-
Explanation:-First Calculate C.P. of this articles, Case 1. 20% & 5% successive discount of in articles so, ==> C.P. of articles = (80% × 95% × 25,000) + 1000 ==> C.P. of articles = ( 80/100 × 95/100 × 25,000) + 1000 ==> C.P. of articles = ( 8 × 95 × 25 ) + 1000 ==> C.P. of articles = 8 × 2375 + 1000 ==> C.P. of articles = 19,000 + 1000 ==> C.P. of articles = 20,000 Here, S.P. is more than C.P. Here, S.P. is more than C.P.since, Dealer got profit in this article Now, Calculate Profit ==> Profit = 25,000 - 20,000 ==> Profit = 5,000 Now, Calculate %profit ==> %profit = 5000 × 100/20,000 ==> % profit = 50/2 ==> %profit = 25% Hence
_______________ |
|