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Railways R.R.C. (Gorakhpur) Solved Paper Held on 2nd Shift 30-11-2014

  • question_answer
    A shopkeeper prints the price of an item by raising it by 50%. Then he offers a discount of 50% the customers. Which of the followings is true?

    A) He neither makes profit nor loss

    B) He makes a profit of 25%

    C) He incurs a loss of 25%

    D) He makes a profit of 12-5%

    Correct Answer: C

    Solution :

    Suppose cost price = 100 Then,    print price = Rs. 150 Now,     Sell price \[=\frac{150\times 50}{100}=Rs.\,\,75\] Hence,  Loss percent \[=\]\[\frac{100-75}{100}\times 100\] \[=25%\] Now, he incurs a loss of 25%.


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