A shopkeeper sold a TV set for ₹ 17940, with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

INSURANCE EXAMS (LIC) 2008 click here to view all questions

A shopkeeper sold a TV set for ₹ 17940, with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent ?

A$\text{25%}$

B$\text{26.4 %}$

C$\text{24.8%}$

D$\text{30%}$

Nithin ? Aug 10 '2022 at 20:3

Correct answer is: \(\text{30%}\)

Explanation:

SP = 17940, Discount = 8%

\( MP = \frac{17940}{0.92}= ₹ 19500\)

\(\text{∴ Gain = 19.6% (given)}\)

\(∴ CP = \frac{17940}{1.196}= ₹ 15000\)

\(\text{New SP without discount = ₹ 19500}\)

\(Gain = (19500 – 15000) = ₹ 4500\)

\( \therefore \text{ Gain percent =} \frac{4500}{15000} \times 100 = \text{30%}\)

All DiscussionsClick here to write answer

Correct answer is: \(\text{30%}\) Explanation: SP = 17940, Discount = 8% \( MP = \frac{17940}{0.92}= ₹ 19500\) \(\text{∴ Gain = 19.6% (given)}\) \(∴ CP = \frac{17940}{1.196}= ₹ 15000\) \(\text{New SP without discount = ₹ 19500}\) \(Gain = (19500 – 15000) = ₹ 4500\) \( \therefore \text{ Gain percent =} \frac{4500}{15000} \times 100 = \text{30%}\) Nithin ? answered Aug 10 '2022 at 20:3 All Comments

Post your answers here:

Post

Post your comments here:

Message

Post

Cancel