Multiple choice

A saree trader brings some sarees at $25\%$ rebate on $Rs 1600$ printed price. He sells each scree at $Rs 1440$ per piece. What amount of profit or loss does he make? How much percentage of rebate does a customer earn?

  1. $Rs 180$ Profit, $15\%$ Rebate
  2. $Rs 240$ Profit, $10\%$ Rebate
  3. $Rs 100$ Profit, $18\%$ Rebate

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The cost price is 75% of Rs 1600, which is Rs 1200. Selling at Rs 1440 gives a profit of Rs 240, while the customer saves Rs 160, equal to 10% of the printed price.

AI explanation

The trader buys each saree at a 25% rebate on Rs 1600, making the cost price 1600 minus 400, which equals Rs 1200. He sells each saree for Rs 1440, gaining a profit of 1440 minus 1200, which equals Rs 240. The customer rebate percentage is (240 divided by 1600) multiplied by 100, resulting in Rs 240 Profit and a 10% Rebate.

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