Question
Anil buys an item at a 20% discount on its listed price and
sells it giving a 15% discount on the same listed price. What is Anil's gain or loss percentage?Solution
ATQ,
Let the listed (marked) price of the item be Rs. 100x
Cost price for Anil = 100x × 0.80 = Rs. 80x
Selling price for Anil = 100x × 0.85 = Rs. 85x
Gain percentage = {(85x - 80x) / 80x} × 100 = 6.25%
More Profit and loss Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____
Relevant for Exams:
