Multiple choice

The marked price of an article is Rs. 18,000 and is available in Delhi at 30% discount. A shopkeeper from Bhopal buys this article in Delhi and spends Rs. 950 on his travelling and Rs. 450 on the transportations etc. of the article. Find the profit per cent made by the shopkeeper, if he sells the article at Bhopal at 10% discount.

  1. $\displaystyle 11\frac{1}{7}$
  2. $\displaystyle 13\frac{2}{7}$
  3. $\displaystyle 15\frac{5}{7}$
  4. $\displaystyle 17\frac{6}{7}$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

MP = 18000. CP = 18000 * 0.7 + 950 + 450 = 12600 + 1400 = 14000. SP = 18000 * 0.9 = 16200. Profit = 16200 - 14000 = 2200. Profit % = (2200/14000)*100 = 220/14 = 110/7 = 15 5/7%.

AI explanation

The shopkeeper buys the article for 70% of 18000, which equals Rs. 12600, and adds Rs. 1400 for travel and transport, making the total cost Rs. 14000. The selling price at a 10% discount on the marked price equals 90% of 18000, which is Rs. 16200. The profit of Rs. 2200 divided by Rs. 14000 gives a fraction of 11/70, which equals 15 and 5/7 percent.

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