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Question

Manoj travels from Meerut to Delhi to buy goods which he gets 10% cheaper in Delhi than in Meerut. If his journey expenses are Rs.160 and he earns Rs.240 by selling goods at Meerut; calculate his profit per cent.

A
21347%
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B
51547%
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C
61847%
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D
92047%
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Solution

The correct option is C 61847%
Let the original marked price at Delhi and selling price at Meerut = Rs.x

After 10 % discount, Manoj buys the good for Rs.(x10%×x)=Rs.(90%×x)=Rs.0.9x
Total C.P. including the journey expenses=Rs.(0.9x+160)
Given, Gain=Rs.240

S.P.C.P.=240

x(0.9x+160)=240

x0.9x160=240

0.1x=240+160

0.1x=400

x=4,000

Hence, marked price at Delhi is Rs.4,000
And the price paid by Manoj at Delhi =Rs. 0.9×4000=Rs.3,600
And Total C.P. =Rs.(3,600+160)=Rs. 3,760

Now, Profit % =ProfitC.P.×100%

=2403,760×100%

=30047%

=61847%

Hence, the profit % is 61847%


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