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

Nithin ? undefined

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%

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