Home » Aptitude » Profit and Loss » Question
  1. A tradesman marks his goods 30% more than the cost price. If he allows a discount of (25 / 4)% , then his gain percent is
    1. 23
      3
      %
      4
    2. 22%
    3. 21
      7
      %
      8
    4. 30%
Correct Option: C

C.P. of article = $ 100
∴ Marked price = $ 130
Selling price

Selling price =
130 × 375
= $
975
4008

Selling price = $1217
8

Gain = 121
7
- 100 = 21
7
88

∴ Gain % = 21
7
%
8



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