1.

A dealer buys an article marked at Rs. 25000 with 20% and 5% off. He spends Rs 2000 onits repair and sells it for Rs 25000. What is his gain or loss percent?

Answer»

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Price of article after 20 % discount= 25000(1-20/100)= 25000(4/5)= 20000

Additional 5% discountPrice of article at which dealer get=20000(1-5/100)=20000(15/20)=15000

CP of article = 15000 + 2000= 17000SP = 25000

Gain%=[ (sp-cp)/CP]x100= (8/17)100= 47%



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