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SBI PO 2018 Papers

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Question : 16 of 100

Marks: +1, -0

A shopkeeper sold a T.V. set for Rs. 17,940/-, with a discount of 8% and gained 19.6% If no discount is allowed, what will be his gain per cent ?

25%
26.4%
24.8%
Cannot be determined
None of these

Solution: 👈: Video Solution

Let C.P. = Rs.

100x

⇒ Selling price after profit of 19.6 %

=

100x + \frac{19.6}{100} \times 100x = 119.6x

Acc. to ques,

⇒

119.6x = 17, 940

⇒

x = \frac{17,940}{119.6} =150

⇒ C.P. = Rs. 15, 000

Marked price after discount of 8%

=

\frac{100}{92} \times 17, 94

= 19, 500

∴ Profit when no discount is given

=

\frac{19,500-15,000}{15,000} \times 100

=

\frac{45}{15} \times 10 = 30\%

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