1.

If a commission of 10% is given on the marked price of an article, the gain is 25%. Find the gain percentage if the commission is increased to 20%.1). 5.5%2). 11.1%3). 15.5%4). 16.3%

Answer»

LET marked PRICE be Rs. 100

COMMISION = 10% of 100 = 10

⇒ SP = 90

⇒ CP = 90/125 × 100 = Rs. 72

⇒ New commission = Rs. 20

New SP = Rs. 80

GAIN percentage = (8 × 100)/72 = 11.1%

∴ Gain percentage = 11.1%


Discussion

No Comment Found

Related InterviewSolutions