Home » Aptitude » Profit and Loss » Question
  1. A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the at marked price to a customer.What is the profit percentage of retailer?
    1. 30%
    2. 12%
    3. 16.66%
    4. none of these
Correct Option: C

Let the MP 1 kg tea be Rs. 1,
Then CP of 20 kg with discount = 20 x 0.9 = Rs.18
Also 1 kg tea is free. So the retailer gets tea worth Rs. 21 by paying Rs. 18 only.

profit % = ( goods left / goods sold) x 100
= (21-18 / 18 x 100 = 16.66 %

(Since the retailer earn Rs. 3 on each Rs.18)



Your comments will be displayed only after manual approval.