SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

A tradesman marks his goods 30% more than the cost price. If he allows a discount of \[6\frac{1}{4}%,\] then his gain per cent is

A) \[23\frac{3}{4}\]

B) 22

C) \[21\frac{7}{8}\]

D) 30

Correct Answer: C

Solution :

[c] Let CP = Rs. x Then, MP = 130% of x = Rs. 1.3x \[\therefore \] \[SP=1.3x\times \left( 100-\frac{25}{4} \right)%\] \[=1.3x\times \frac{375}{400}=\text{Rs}.\frac{15}{16}\times 1.3x\] \[\therefore \] Gain per cent \[=\frac{\frac{15}{16}\times 1.3x-x}{x}\times 100\] \[=\frac{(19.5-16)x}{16x}\times 100=21\frac{7}{8}%\]

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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

question_answer A tradesman marks his goods 30% more than the cost price. If he allows a discount of \[6\frac{1}{4}%,\] then his gain per cent is A) \[23\frac{3}{4}\] B) 22 C) \[21\frac{7}{8}\] D) 30

A tradesman marks his goods 30% more than the cost price. If he allows a discount of \[6\frac{1}{4}%,\] then his gain per cent is

A) \[23\frac{3}{4}\]

B) 22

C) \[21\frac{7}{8}\]

D) 30