A manufacturer sells an article to a wholesale dealer at a profit of $20 \%$. The wholesale dealer sells it to a retail merchant at a loss of $5 \% .$ Find out the resultant profit or loss.
A manufacturer sells an article to a wholesale dealer at a profit of $20 \%$. The wholesale dealer sells it to a retail merchant at a loss of $5 \% .$ Find out the resultant profit or loss.
- A
$14 \%$ loss
- B
$14 \%$ gain
- C
$12 \%$ gain
- D
None of these
Similar Questions
A merchant purchases a wrist watch for $Rs.\,450$ and fixes its list price in such a way that after allowing a discount of $10 \%,$ he earns a profit of $20 \%$. Then the list price (in rupees) of the wrist watch is
A merchant purchases a wrist watch for $Rs.\,450$ and fixes its list price in such a way that after allowing a discount of $10 \%,$ he earns a profit of $20 \%$. Then the list price (in rupees) of the wrist watch is
Mohan buys a watch for $Rs.\,350$ and sells it for $Rs.\,392.$ Find out his percentage of profit.
Mohan buys a watch for $Rs.\,350$ and sells it for $Rs.\,392.$ Find out his percentage of profit.
A person bought a horse and a carriage for $Rs.\,20000.$ Later, he sold the horse at $20 \%$ profit and the carriage at $10 \%$ loss. Thus, he gained $2 \%$ in the whole transaction. The cost price of the horse was (in $Rs.$)
A person bought a horse and a carriage for $Rs.\,20000.$ Later, he sold the horse at $20 \%$ profit and the carriage at $10 \%$ loss. Thus, he gained $2 \%$ in the whole transaction. The cost price of the horse was (in $Rs.$)
Raheem sells a machine for $RS.\,48$ lakh at a loss. Had he sold it for $RS.\, 60$ lakh, his gain would have been 5 times the former loss. Find the cost price of the machine. $Rs.$ in lakh ?
Raheem sells a machine for $RS.\,48$ lakh at a loss. Had he sold it for $RS.\, 60$ lakh, his gain would have been 5 times the former loss. Find the cost price of the machine. $Rs.$ in lakh ?
A shopkeeper labeled the price of his articles in order to earn a profit of $30 \%$ on the cost price. He, then, sold the articles by offering a discount of $10 \%$ on the labelled price. What is the actual rate of profit he earned in the deal? (in $\%$)
A shopkeeper labeled the price of his articles in order to earn a profit of $30 \%$ on the cost price. He, then, sold the articles by offering a discount of $10 \%$ on the labelled price. What is the actual rate of profit he earned in the deal? (in $\%$)