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?

A

$5 \%$ loss

B

$8 \%$ gain

C

$5 \%$ gain

D

$8 \%$ loss

Solution

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

Share

Similar Questions

A businessman allows a discount of $10 \%$ on the marked price. What percent above the cost price must he mark his goods to make a profit of $17 \% ?$

hard

A man bought nine pens for a rupee. How many pens should be sell for a rupee to gain $50 \% ?$

medium

A trader buys good at $20 \%$ discount on marked price. If he wants to make a profit of $25 \%$ after allowing a discount of $20 \%$, by what percent should his marked price be greater than the original marked price?

hard

Albert buys $4$ $horses$ and $9$ cows for $Rs. 13400$. If he sells the horse at $10 \%$ profit and the cows at $20 \%$ profit, then he earns a total profit of $Rs.\, 1880 .$ The cost of a horse is (in $Rs.$)

medium

A shopkeeper purchased a chair marked at $RS.\, 600$ at two successive discounts of $15 \%$ and $20 \% .$ He spent $Rs.\, 28$ on transportation and sold the chair for $Rs.\,545.$ His gain percent was

easy