A shopkeeper sold a T.V. set for Rs.17.940/-, with a discount of 8% and gained 19.6% if no discount is allowed, what will be his gain per cent?

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BANK PO Exam (RBI) 2002 click here to view all questions

A shopkeeper sold a T.V. set for Rs.17.940/-, with a discount of 8% and gained 19.6% if no discount is allowed, what will be his gain per cent?

A25%

B26.4%

C24.8%

DNone of these

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Correct answer is: None of these Explanation: Discount = 8% & S.P.. = Rs.17,940 Therefore, M.P. = $\frac{17940}{0.92}$ = Rs.19500 Now, gain % = 19.6% $\implies \text{ C.P. }= \frac{17940}{1196} = \text{Rs 15000}$ = Rs.4500 Hence gain % = $\frac{4500}{15000} \times 100$ = 30% Nithin ? answered undefined All Comments

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