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A dealer buys an article marked at ₹ 25,000 with 20% and 5% off. He spends ₹ 1,000 for its
repair and sells it for ₹ 25,000. What is his gain or loss per cent?
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- Loss of 25%
- Gain of 25%
- Gain of 10%
- Loss of 10%
Correct Option: B
Equivalent discount = | ![]() | 20 + 5 − | ![]() | % = 24% | |
100 |
∴ CP of article = ₹ | ![]() | 25000 × | ![]() | = ₹ 19000 | |
100 |
Repairs cost = ₹ 1000
∴ Actual CP = 19000 +1000 = ₹ 20000
SP = ₹ 25000
Profit = 25000 –20000 = ₹ 5000
∴ Gain% = | × 100 = 25% | |
20000 |