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Aptitude · Q40

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Competitive Exams · Aptitude · question 40

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%
Answer
C.
Gain of 10%
D.
Loss of 10%

Answer: Option B

Solution

Answer: Option B
Solution:
Marked price of an article = Rs. 25000
After discount, cost price

= Rs. 19000
After repair, cost price
= Rs. 19000 + 1000
= Rs. 20000
Selling price of an article = Rs. 25000