Subject
Quantitative Aptitude
Topic
Profit & Loss
Anna marks up the price of a toy car by 50% and then allows a discount of 20% and sells it to Bajaj. Bajaj sells it for Rs. 20 more than what he purchased for, this S.P is 30% more than the original C.P of the toy car. Then Bajaj’s profit % is:
Anna marks up the price of a toy car by 50% and then allows a discount of 20% and sells it to Bajaj. Bajaj sells it for Rs. 20 more than what he purchased for, this S.P is 30% more than the original C.P of the toy car. Then Bajaj’s profit % is:
ক)
9%খ)
7.5%গ)
6.66%ঘ)
8.33%ঙ)
9.25%Explanation
Assume that cost price of toy car for Anna = Rs. C Anna marks up the price of the toy car by 50% ∴ The marked price = C + 50% of C = 1.5C Anna allows a discount of 20% and sells it to Bajaj. The amount Anna receives after providing discount = marked price – 20% of marked price = 1.5C – 20% of 1.5C = 1.2C ∴ Bajaj purchased it for Rs. 1.2C Bajaj sells it for Rs. 20 more than what he purchased for. Selling price of toy car for Bajaj = Rs. (1.2C + 20) This S.P is 30% more than the original C.P of the toy car. ⇒ 1.2C + 20 = C + 30% of C ⇒ 0.1C = 20 ⇒ C = Rs. 200 Now, Bajaj’s profit % is: [Using C = Rs. 200]Related questions
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