Q40
A dealer buys an article marked at Rs. 25000 with 20% and 5% off. He spends Rs. 1000 for its repair and sells it for Rs. 25000 what is his gain or loss percent ?
A.
Loss of 25%
B.
Gain of 25%
AnswerC.
Gain of 10%
D.
Loss of 10%
Answer: Option B
Solution
Answer: Option B
Solution:
Marked price of an article = Rs. 25000After discount, cost price
= Rs. 19000
After repair, cost price
= Rs. 19000 + 1000
= Rs. 20000
Selling price of an article = Rs. 25000