Multiple choice

Divya went to a textile shop. When Divya asked the price of a saree the shopkeeper told her the price by increasing 18% of the original cost. But Divya insisted to decrease the price by 18% so the shopkeeper sold it by decreasing the price by 18% what is the loss or profit percent of shopkeeper?

  1. 3.25%

  2. 2.5%

  3. 3%

  4. 3.225%

  5. None of these

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Let original price = 100. Shopkeeper's selling price = 100 + 18% = 118. Then he reduces by 18%: 118 - 18% of 118 = 118 - 21.24 = 96.76. Loss = 100 - 96.76 = 3.24. Loss percent = 3.24/100 × 100 = 3.24%. This loss percentage doesn't match any of options A (3.25%), B (2.5%), C (3%), or D (3.225%). Therefore, the correct answer is E (None of these).