Question
Mathematics Question on Profit and Loss
A shopkeeper sold a TV set for Rs. 17,940, with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent?
25%
26.4%
28.4%
None of these
None of these
Solution
The correct option is (D): None of these
Explanation:To find the shopkeeper's gain percentage without the discount, we can follow these steps:
1. Calculate the marked price (MP):
The selling price (SP) is given as Rs. 17,940 after an 8% discount.
Using the formula for selling price after discount:
SP=MP×(1−100d)
where d is the discount percentage.
Rearranging the formula gives:
MP=1−100dSP=1−0.0817940=0.9217940=19500
2. Calculate the cost price (CP):
Given that the gain is 19.6%, we can find the cost price using the relationship:
SP=CP×(1+100g)
where g is the gain percentage.
Rearranging the formula gives:
CP=1+100gSP=1+0.19617940=1.19617940≈14980
3. Calculate the gain when no discount is allowed:
If no discount is allowed, the selling price is equal to the marked price (Rs. 19,500). The gain in this case would be:
Gain=MP−CP=19500−14980=4500
4. Calculate the gain percentage:
Now, we can find the gain percentage using the formula:
Gain percentage=(CPGain)×100=(149804500)×100≈30.05%
Therefore, the Correct answer is Option D: None of these.