Question : By selling 100 notebooks, a shopkeeper gains the selling price of 20 notebooks. What is his gain percentage?
Option 1: 62.4%
Option 2: 22.5%
Option 3: 50.4%
Option 4: 25%
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 25%
Solution : Given: By selling 100 notebooks, a shopkeeper gains the selling price of 20 notebooks. Use the formula, Profit = SP – CP where SP is the selling price and CP is the cost price. Let the CP of the notebook be INR $x$. According to the question, The CP of the 80 notebooks = $80x$ The SP of the 80 notebooks = $100x$ Profit = $100x–80x=20x$ The profit percentage = $\frac{20x}{80x}\times 100=25$% Hence, the correct answer is 25%.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : By selling 50 items, a shopkeeper gains the selling price of 10 items. What is his gain percentage?
Question : By selling 35 articles, a shopkeeper gains the selling price of 15 articles. Find his gain percentage.
Question : By selling 55 metres of cloth, one gains the selling price of 11 metres. Find the gain percent.
Question : A shopkeeper earns 20% profit on his goods. He lost 20% of his goods during a theft. What is his profit or loss percentage?
Question : A shopkeeper allows a discount of 20% on the marked price and still gains 12% on the whole. Find at what percentage above the cost price he marks his goods.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile