Market price of an article is Rs. 100 . If article is sold at a discount of 10 %, then 35 % profit i

English

Gujarati

Hindi

7.Profit and Loss

medium

The market price of an article is $Rs.$ $100 .$ If the article is sold at a discount of $10 \%,$ then $35 \%$ profit is realised. How much loss or profit will be made if it is sold for $Rs.\, 30$ less than market price?

$5 \%$ loss

$8 \%$ gain

$5 \%$ gain

$8 \%$ loss

Here, $(100+$ Profit $) \%$ of $C P$

$=$ Rs. $( MP -10 \%$ of $MP )$

$(100+35) \% CP =$ Rs. $(100-10)$

$(135 \%) CP = Rs. 90 \Rightarrow CP = Rs . \frac{200}{3}$

$SP$ of article (at $Rs. 30$ less than $MP$) $= Rs. 70$

Profit $\%=\frac{70-\frac{200}{3}}{\frac{200}{3}} \times 100=5 \%$

Standard 13

Quantitative Aptitude

easy

hard

easy

hard

medium