A dealer bought an article at 10 discount on its marked price and sold it at a price which was 15 ab...........

Quantitative Aptitude (MTS) Profit and loss

A dealer bought an article at 10% discount on its marked price, and sold it at a price which was 15% above the marked price.

The gain per cent (correct to the nearest iteger) is:

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SSC MTS 27th October 2021 Shift-2

33%

35%

25%

28%

- Let's assume the marked price of the article is $100.

- The dealer bought the article at a 10% discount, which means the purchase price is $90.

- The dealer sold the article at 15% above the marked price, meaning the selling price is $115.

- The gain is the difference between the selling price and purchase price: $115 - $90 = $25.

- The gain percentage is calculated as (Gain / Cost Price) x 100 = ($25 / $90) x 100 = 27.78%.

- Rounding 27.78% to the nearest whole number, the gain percentage is 28%.

Option: 4 - 28% is correct.

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