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 C61847% Let the original marked price at Delhi and selling price at Meerut = Rs.x
After 10 % discount, Manoj buys the good for Rs.(x−10%×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
⇒x−0.9x−160=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