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A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)
- a)332
- b)333
- c)334
- d)335
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A shopkeeper sold certain articles at 380 after giving a discount of 5...
(95/100)*MP = 380. Mp = 400
400 = (120/100)*Cp
CP = 333.33
400 = (120/100)*Cp
CP = 333.33
Most Upvoted Answer
A shopkeeper sold certain articles at 380 after giving a discount of 5...
Given:
Selling price after a 5% discount = $380
If no discount is given, the shopkeeper would have a 20% gain.
To find:
The cost price of the articles.
Let's assume the cost price of the articles is 'x'.
Calculation:
1. Selling price after a 5% discount = $380
Let's calculate the selling price without any discount first.
Selling price without discount = $\frac{100}{100-5} \times 380$
Selling price without discount = $\frac{100}{95} \times 380$
Selling price without discount = $\frac{38000}{95}$
Selling price without discount = $400$
2. If no discount is given, the shopkeeper would have a 20% gain.
Let's calculate the selling price with a 20% gain.
Selling price with 20% gain = $\frac{120}{100} \times x$
Selling price with 20% gain = $\frac{6}{5} \times x$
Based on the given information, we can set up the equation:
$\frac{6}{5} \times x = 400$
Solving the equation:
$x = \frac{400 \times 5}{6}$
$x = \frac{2000}{6}$
$x = 333.33$
Therefore, the cost price of the articles (approx.) is 333.33, which is closest to option 'B' (333).
Selling price after a 5% discount = $380
If no discount is given, the shopkeeper would have a 20% gain.
To find:
The cost price of the articles.
Let's assume the cost price of the articles is 'x'.
Calculation:
1. Selling price after a 5% discount = $380
Let's calculate the selling price without any discount first.
Selling price without discount = $\frac{100}{100-5} \times 380$
Selling price without discount = $\frac{100}{95} \times 380$
Selling price without discount = $\frac{38000}{95}$
Selling price without discount = $400$
2. If no discount is given, the shopkeeper would have a 20% gain.
Let's calculate the selling price with a 20% gain.
Selling price with 20% gain = $\frac{120}{100} \times x$
Selling price with 20% gain = $\frac{6}{5} \times x$
Based on the given information, we can set up the equation:
$\frac{6}{5} \times x = 400$
Solving the equation:
$x = \frac{400 \times 5}{6}$
$x = \frac{2000}{6}$
$x = 333.33$
Therefore, the cost price of the articles (approx.) is 333.33, which is closest to option 'B' (333).
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A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. Can you explain this answer?
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A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. 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 A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. 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 A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)a)332b)333c)334d)335e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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