Multiple Choice Questions on A shopkeeper prints his articles 25 above the CP and then allows a discount of 10 What is his ........... for CDS Exam Preparation

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Multiple Choice Questions

A shopkeeper prints his articles 25 above the CP and then allows a discount of 10 What is his ...........

Quantitative Aptitude (CDS) Profit and loss
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     A shopkeeper prints his articles 25% above the CP and then allows a discount of 10%. What is his actual gain %?

     

    13.5% loss
     

    Incorrect Answer

    14.5% gain
     

    Incorrect Answer

    12.5% gain
     

    Correct Answer

    10 % gain

    Incorrect Answer
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    Explanation:

    CP = 100%
    MP = 125% 
    discount = 105
    10% of 125  = 12.5
    MP = 125-12.5 = 112.5
    actual gain % = 112.5 - 100
    = 12.5% gain

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