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Let the cost price of the item Rs. 100x
So, selling price of the item for Shopkeeper = 100x X 1.2 X (10/7) = Rs. (1200/7)
So, required profit percentage = {(1200x/7) - 100x}/100x = 71% profit
Statements: X ≥ P ≥ O = S; S ≤ H < N; N > I
Conclusions:
I. O ≥ N
II. I > O
III. S < X
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
Two statements have been given followed by two conclusions (I) and (II). Assuming the statements to be true, even if they seem to be at variance from co...
A question is followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements are sufficient/necessar...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
In the questions given below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true ev...
Statements: J ≥ K ≥ L = O; M ≤ N < O; M ≥ P < K
Conclusions:
I. L < M
II. J ≥ N
III. N > P
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements: A < B < C < P > Q
Conclusions: I. Q < B II. P > A
...