Barish purchased a table marked at Rs. 400 at successive discount of 1

1.	Barish purchased a table marked at Rs. 400 at successive discount of 10% and 15% respectively. He spent Rs. 14 on transport and sold the table for Rs. 400. Calculate his profit percentage. 1. 6%2. 8%3. 10%4. 15%5. None of the above
Answer» Correct Answer - Option 5 : None of the above Given: Marked price = Rs. 400 Two successive discount = 10%, 15% Selling price = Rs. 400 Formula used: S.P. = M.P. (1 - (Discount%/100)) S.P. = C.P. + Profit Gain % = ((S.P. - C.P.)/C.P.) × 100 Calculations: Here, M.P. = 400 ⇒ Cost price for barish = (400 × (1 - (10/100)) × (1 - (15/100))) + 14 ⇒ Cost price for barish = ((400 × 90 × 85)/(100 × 100) ) + 14 ⇒ Cost price for barish = 306 + 14 ⇒ Cost price for barish = 320 ⇒ Gain % = ((400 - 320)/320) × 100 = 25% ∴ Gain % is obtained to be 25%

Barish purchased a table marked at Rs. 400 at successive discount of 10% and 15% respectively. He spent Rs. 14 on transport and sold the table for Rs. 400. Calculate his profit percentage. 1. 6%2. 8%3. 10%4. 15%5. None of the above

Answer» Correct Answer - Option 5 : None of the above

Given:

Marked price = Rs. 400

Two successive discount = 10%, 15%

Selling price = Rs. 400

Formula used:

S.P. = M.P. (1 - (Discount%/100))

S.P. = C.P. + Profit

Gain % = ((S.P. - C.P.)/C.P.) × 100

Calculations:

Here, M.P. = 400

⇒ Cost price for barish = (400 × (1 - (10/100)) × (1 - (15/100))) + 14

⇒ Cost price for barish = ((400 × 90 × 85)/(100 × 100) ) + 14

⇒ Cost price for barish = 306 + 14

⇒ Cost price for barish = 320

⇒ Gain % = ((400 - 320)/320) × 100 = 25%

∴ Gain % is obtained to be 25%

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