Quantitative Aptitude Ques 240

Question: The marked price of a saree is Rs. 200. After allowing a discount of 20% on the marked price, the shopkeeper makes a profit of Rs. 16. Find the gain per cent.

Options:

A) $ 11\frac{1}{9} $ %

B) $ 9\frac{1}{11} $ %

C) $ 11 $ %

D) $ 8 $ %

Show Answer

Answer:

Correct Answer: A

Solution:

  • Marked price = Rs. 200 and discount = 20%

$ \therefore $ $ SP=200-\frac{200\times 20}{100}=200-40=Rs.,160 $ Now, Profit $ =SP-CP $

$ \Rightarrow $ $ 16=160-CP $

$ \Rightarrow $ $ CP=160-16=Rs.,144 $ Now, profit or gain percentage $ =\frac{Profit,or,Gain}{CP}\times 100%=\frac{16}{144}\times 100 $ % $ =\frac{1}{9},\times ,100%,=,11,\frac{1}{9} $ %