Profit And Loss Ques 17
Question.
A shopkeeper bought a table marked at Rs. 200 at successive discounts of $10 \%$ and $15 \%$ respectively. He spent Rs. 7 on transport and sold the table for Rs. 208. What will be his profit percentage?
(1) 35
(2) 40
(3) 30
(4) 45
(5) 32
(IBPS Bank PO/MT CWE-V Main Exam. 31.10.2015)
Show Answer
Correct Answer: (3)
Solution: (3)
Single equivalent discount for $10 \%$ and $15 \%$ $=\left(15+10-\frac{15 \times 10}{100}\right) \%$ $=23.5 \%$
$\therefore$ C.P. of table $=200 \times(100-23.5) \%$ $=\frac{200 \times 76.5}{100}=$ Rs. 153
Expense on transport $=$ Rs. 7
$\therefore$ Actual C.P. $=153+7$ $=$ Rs. 160
$\therefore$ Profit percent $=\frac{208-160}{160} \times 100$ $=\frac{4800}{160}=30 \%$
BETA
