CLAT Sample Paper CLAT Sample Paper-3

  • question_answer
    If the commission of 10% is given on marked price, the gain is 60%. If the commission of 20% is given, the gain would be

    A)  \[44\frac{2}{9}%\]

    B)  \[42\frac{2}{9}%\]

    C)  \[43\frac{2}{9}%\]

    D)  None of these

    Correct Answer: B

    Solution :

    Let marked price \[=x\] Price after commission \[=\frac{90}{100}\cdot x\] Profit = 60% \[CP=\frac{100}{100+60}\times \frac{9}{10}\cdot x=\frac{9}{16}\cdot x\] When commission = 20% \[SP=\frac{80}{100}.x=\frac{4}{5}.x\] Profit \[=\frac{4x}{5}-\frac{9x}{16}=\frac{19x}{80}\] Profit percentage \[=\frac{80}{\frac{9x}{16}}\times 100\] \[=\frac{19x}{80}\times \frac{16}{9x}\times 100\] \[=42\frac{2}{9}%\]


You need to login to perform this action.
You will be redirected in 3 sec spinner