Multiple Choice Questions on A shopkeeper sold a T V set for Rs17 940 with a discount of 12 5 and Gained 5 If no discount is allo........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper sold a T V set for Rs17 940 with a discount of 12 5 and Gained 5 If no discount is allo...........

Quantitative Aptitude ( CCS) Profit and loss
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    A shopkeeper sold a T.V set for Rs17,940 with a discount of 12.5% and Gained 5%. If no discount is allowed then what will be his gain percent?

    20%

    Correct Answer

    25%

    Incorrect Answer

    30%

    Incorrect Answer

    15%

    Incorrect Answer
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    Explanation:

    Solution:  
    .    MP…………SP
    .     8……………. 7
    Gain – 5% = 1/20
    CP………SP
    20……….21
    Make SP same.
    CP…….SP……….MP
    20……..21……….24
    MP – CP = 4
    (4/20)*100= 20%

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