Question

The marked price of an article is Rs. 18,000 and is available in Delhi at 30% discount. A shopkeeper from Bhopal buys this article in Delhi and spends Rs. 950 on his travelling and Rs. 450 on the transportations etc. of the article. Find the profit per cent made by the shopkeeper, if he sells the article at Bhopal at the marked price.

• A. $20\frac{1}{3}$%
• B. $28\frac{4}{7}$%
• C. $33\frac{5}{2}$%
• D. $22\frac{9}{5}$%

Answer 1

Answer: (B)

$28\frac{4}{7}$%

Given the original Marked price = $Rs18,000$
After $30$ % discount, the shopkeeper buys it for $\left(18000\right)-\frac{30}{100}\times 18,000=Rs12,600$
Total CP which he bears with the overheads is $Rs12,600+Rs950+Rs450=Rs14,000$
And if Selling Price $=Rs18,000$ (that is the marked price ),
then, Profit % $=\frac{S.P-C.P.}{C.P.}\times 100=\frac{18,000-14,000}{14,000}\times 100=\frac{2}{7}\times 100=28\frac{4}{7}$ %