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Question

An article is marked at Rs 18,000. A trader bought it at successive discounts of 25% and 10% respectively. He spent Rs 1,350 on its transportation to his shop and then sold the article for Rs 15,000. What is trader's profit% in the whole transaction?

A
1623%
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B
28%
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C
30%
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D
1119%
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E
20%
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Solution

The correct option is D 1119%
He bought the article for
[(10025)100][(10010)100]×18000=12,150
Spent 1350 on repairs,
Total CP = 1350 + 12150 = 13,500
SP = 15,000
So profit%=150013500×100=1119%

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