| A shopkeeper bought a table marked at Rs. 200 at successive discount of 10% and 15%, respectively. He spent Rs. 7 on transport and sold the table for Rs. 208. What will be his profit percentage? |
A) 30%
B) 40%
C) 55%
D) 45%
Correct Answer: A
Solution :
| Single discount corresponding to 10% and 15% |
| \[=10+15-\frac{10\times 15}{100}=23.5\]% |
| Given, MP = Rs. 200 |
| Discount = 23.5% |
| Money spent on transport = Rs. 7 |
| \[\therefore \]\[CP=76.5%\]of |
| \[200+7=\frac{76.5}{100}\times 200+7=Rs.160\] |
| \[SP=Rs.\,\,208\] |
| \[\therefore \]Percentage of profit \[=\frac{208-160}{160}\times 100\] |
| \[=\frac{48\times 100}{160}=30\]% |
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