Question

In selling an article for Rs 76, a shopkeeper gains 52%. The gain by selling that for Rs 74 is

• A. 45%
• B. 48%
• C. 49%
• D. 50%

Answer 1

The correct option is B 48%

Let the cost price be Rs100

Since a profit of 52 percant is made than selling price will be 152

when selling price is 152 cost price will be 100

when selling price is 76 cost price will be=$\frac{100}{152}\times 76=Rs50$

when the artical is sold for Rs 74 profit will be(74-50)=Rs24

Gain by selling it for Rs 74 will be$=\frac{24}{50}\times 100=48$

Gain will be 48%