Question

A dealer buys an article marked Rs.25000 with 20% and 5% off. He spends Rs 2000 on its repair and sells it for Rs. 25000. What is his gain or loss percent

Answer 1

Marked Price = 25000.

After first discount it become,

= 25000 - 20% of 25000 = 20000.

After second discount, it becomes

= 20000 - 5% of 20000 = 19000.

So, SP = 19000.

CP for the man who bought it, as he spends 1000 on repair.

= 19000 + 1000 = 20000

Profit = 25000 - 20000 = 5000.

%Profit = 5000×10020000

= 25%

Short-Cut

25000(MP) == 20%(Disc.) ⇒ 20000 == 5%(disc.) ⇒19000(CP)

Spends on repair = Rs. 1000

Then, CP becomes = 19000 + 1000 = 20000

Profit = 5000

% profit = 5000×10020000

= 25%

Answer 2

Answer

first one is write