A) 50%
B) 25%
C) 30%
D) \[12.5%\]
Correct Answer: D
Solution :
Selling price of jug = Rs.144 Let the cost price of jug be Rs. x. Then, Loss \[=\frac{1}{7}\]of \[x=\frac{x}{7}\] Now, Loss \[=C.P.-S.P\] \[\Rightarrow \] \[\frac{x}{7}=x-144\] or \[144=\frac{6x}{7}\Rightarrow x=Rs.168\] Since, cost price of jug = Rs.168. Now, selling price = Rs.189 \[\therefore \] Profit =\[Rs.\,(189-168)=Rs.\,21\] \[\therefore \] Profit % \[=\frac{21}{168}\times 100=12.5%\]You need to login to perform this action.
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