By selling an umbrella for Rs. 300, a shop keeper gains 30%.
By selling an umbrella for Rs. 300, a shop keeper gains 30%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is?
Answer/Solution
28.57%
Steps/Work
Marked price = Rs. 300
C.P. = 100/130 * 300 = Rs. 210
Sale price = 90% of Rs. 300 = Rs. 270
Required gain % = 60/210 * 100 =28.57%.
Answer: C
C.P. = 100/130 * 300 = Rs. 210
Sale price = 90% of Rs. 300 = Rs. 270
Required gain % = 60/210 * 100 =28.57%.
Answer: C