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Question

A dealer buys an article marked at Rs. 25000 with 20% and 5% off. He spends Rs. 1000 on its repairs and sells, it for Rs. 25000. What is his gain %?

A
25%
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B
30%
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C
35%
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D
40%
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Solution

The correct option is B 25%

Marked price = Rs. 25000
Price of the article after 1st discount =80100×25000= Rs. 20000
Price of the article after 2nd discount =95100×20000= Rs. 19000
Net C.P. of the articles = Rs. 19000+ Rs. 1000= Rs. 20000
S.P. = Rs. 25000
Gain %=(2500020000)20000×100=500020000×100=25%


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