Multiple choice

A shopkeeper bought a table marked at Rs. 200 after successive discounts of 10% and 15%, respectively. He spent Rs. 7 on transport and sold the table for Rs. 208. What was his profit percentage?

  1. 30%

  2. 40%

  3. 35%

  4. 45%

  5. 32%
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A Correct answer
Explanation

Marked price = 200. After 10% discount, 180. After 15% discount, 180 * 0.85 = 153. Total cost = 153 + 7 = 160. Selling price = 208. Profit = 208 - 160 = 48. Profit % = (48 / 160) * 100 = 30%.

AI explanation

The final price after successive discounts of 10% and 15% on the marked price of Rs. 200 is calculated as 200 multiplied by 0.9 and then by 0.85, giving the purchase price of Rs. 153. Adding Rs. 7 for transport makes the total cost price Rs. 160. Since the table is sold for Rs. 208, the profit is Rs. 48. The profit percentage is (48 / 160) multiplied by 100, which equals 30%. The result is 30%.

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