Multiple Choice Questions on A shopkeeper sold a T V set of Rs 17 940 with a discount of 8 and gained 19 6 if no discount is allo........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper sold a T V set of Rs 17 940 with a discount of 8 and gained 19 6 if no discount is allo...........

Quantitative Aptitude ( CCS) Profit and loss
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    A shopkeeper sold a T.V. set of Rs. 17,940/- with a discount of 8% and gained 19.6%. if no discount is allowed, what will be his gain percent?

    25%

    Incorrect Answer

    26.4%

    Incorrect Answer

    24.8%

    Incorrect Answer

    none of these

    Correct Answer
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    Explanation:

    sp=17940
    profit%=19.6
    cp=17940/1.196=15000
    discount% =8
    mp=17940/.92=19521.7
    if no discount is allowed then gain %
    =>19521.7-15000=4521.4
    profit%=30%

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