Quant Exam > Quant Questions > Rohit bought an article at 25 percent discoun...
Start Learning for Free
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transaction
- a)30%
- b)40%
- c)50%
- d)60%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Rohit bought an article at 25 percent discount on labelled price. He a...
Let labelled price is 100. Rohit bought it for 75 after getting 25% discount.
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Most Upvoted Answer
Rohit bought an article at 25 percent discount on labelled price. He a...
Let labelled price is 100. Rohit bought it for 75 after getting 25% discount.
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Free Test
FREE
| Start Free Test |
Community Answer
Rohit bought an article at 25 percent discount on labelled price. He a...
Given:
Rohit bought an article at a 25% discount on the labeled price.
He sold the article at a 20% discount on the labeled price.
To find:
The percent profit earned by Rohit in the whole transaction.
Assumption:
The labeled price is the original price of the article.
Solution:
Let's assume the labeled price of the article is 100 units.
Step 1: Buying the article
Rohit bought the article at a 25% discount on the labeled price.
So, he paid 75 units for the article (100 - 25% of 100).
Step 2: Selling the article
Rohit sold the article at a 20% discount on the labeled price.
So, the selling price of the article is 80% of the labeled price.
The selling price of the article = 80% of 100 units = 80 units.
Profit Calculation:
Profit = Selling Price - Cost Price
Cost Price = Buying price = 75 units
Selling Price = 80 units
Profit = 80 - 75 = 5 units
Profit Percentage:
Profit Percentage = (Profit / Cost Price) * 100
Profit Percentage = (5 / 75) * 100 = 6.67%
Hence, the percent profit earned by Rohit in the whole transaction is approximately 6.67%.
Conclusion:
The correct answer is option 'D' - 60%.
Rohit bought an article at a 25% discount on the labeled price.
He sold the article at a 20% discount on the labeled price.
To find:
The percent profit earned by Rohit in the whole transaction.
Assumption:
The labeled price is the original price of the article.
Solution:
Let's assume the labeled price of the article is 100 units.
Step 1: Buying the article
Rohit bought the article at a 25% discount on the labeled price.
So, he paid 75 units for the article (100 - 25% of 100).
Step 2: Selling the article
Rohit sold the article at a 20% discount on the labeled price.
So, the selling price of the article is 80% of the labeled price.
The selling price of the article = 80% of 100 units = 80 units.
Profit Calculation:
Profit = Selling Price - Cost Price
Cost Price = Buying price = 75 units
Selling Price = 80 units
Profit = 80 - 75 = 5 units
Profit Percentage:
Profit Percentage = (Profit / Cost Price) * 100
Profit Percentage = (5 / 75) * 100 = 6.67%
Hence, the percent profit earned by Rohit in the whole transaction is approximately 6.67%.
Conclusion:
The correct answer is option 'D' - 60%.
|
Explore Courses for Quant exam
|
|
Similar Quant Doubts
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer?
Question Description
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transactiona)30%b)40%c)50%d)60%e)None of theseCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Quant tests.
|
|
Explore Courses for Quant exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup