A shopkeeper bought 80 kg of rice at a discount of 10 Besides 1 kg rice was offered free to him on t...........

Quantitative Aptitude (CGL) Profit and loss

A shopkeeper bought 80 kg of rice at a discount of 10%. Besides 1 kg rice was offered free to him on the purchase of every 20 kg rice. If he sells the rice at the marked price, his profit percentage will be:

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SSC CGL 5th March 2020 Shift-1

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$16_{3}^{2}%$

$15_{3}^{1}%$

$15_{7}^{3}%$

$14_{7}^{2}%$

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Explanation:

Let the Price of 1 kg rice be Rs.1.
Total rice bought = 80 kg
He offered 1 kg rice free on the purchase of every 20 kg rice.
Free rice = 80/20 = 4 kg
Rate of 80 kg rice = Rs.80
Discount = 10%
Cost price of rice for shopkeeper = 80 x90/100= Rs.72
Selling price of rice for shopkeeper = 80 + 4 = Rs.84
Profit = 84 - 72 = Rs. 12
Profit percentage = 12/72x100=16^2/3 %

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