A shopkeeper bought a DVD marked at Rs 200 at successive discounts of 10 and 15 respectively He spen...........

Quantitative Aptitude ( CCS) Profit and loss

A shopkeeper bought a DVD marked at Rs. 200 at successive discounts of 10% and 15% respectively. He spent Rs. 7 on transport and sold the table for Rs.208 .What will be his profit percentage ?

30%

40%

25%

20%

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Explanation:

Single equivalent discount for 10% and 15% = (15 + 10 – (15*10/100))% = 23.5%
CP of DVD = 200*(100- 23.5)% = Rs.153
Expense on transport = Rs. 7
Actual CP = 153 + 7 = Rs. 160
Profit % = [(208 – 160)/160]*100 = 30%