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NTSE Sample Paper NTSE SAT Practice Test-17

  • question_answer
    A tradesman marks his goods 30% above the C.P. If he allows a discount of \[6\frac{1}{4}%\], then his  gain percent is                   

    A) \[21\frac{7}{8}%\]

    B) \[22%\]

    C) \[23\frac{3}{4}%\]                   

    D) None of these

    Correct Answer: A

    Solution :

    [a] C.P.= Rs. 100,M.P=Rs. 130 S.P. \[=\left( 100-6\frac{1}{4} \right)%\] of Rs.130 \[=93\frac{3}{4}%\] of Rs. 130 \[=\text{ }Rs.\,121\frac{7}{8}%=121.87%\] \[\therefore \] Gain% \[=\text{ }21\text{ }\frac{7}{8}%\text{ }=\text{ }21.87%\]               


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