Computer Science Engineering (CSE) Exam  >  Computer Science Engineering (CSE) Questions  >  A shopkeeper makes a profit on the sale of a ... Start Learning for Free
A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction? 
  • a)
    2% loss
  • b)
    1% loss
  • c)
    2% profit
  • d)
    1% profit
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A shopkeeper makes a profit on the sale of a material by marking the p...
Assume the cost of material = Re 1/unit and normal marked price = 1.2/unit 
Consider the amount of money spent on the given day = Rs. 100 
Then the shopkeeper will get 110 units of material.
The marked price of 110 units = 110*1.2 
After giving 25% discount, new selling price = 110*1.2*0.75 = 99
Hence on the whole transaction he makes 100 - 99 = 1% loss
View all questions of this test
Most Upvoted Answer
A shopkeeper makes a profit on the sale of a material by marking the p...
Given:
- The shopkeeper marks the price of the material 20% more than the cost price on a normal day.
- On a particular day, the shopkeeper gets 10% extra material for a given price.
- The shopkeeper gives a 25% discount on the marked prices.

To Find:
- The profit or loss percentage on the transaction.

Explanation:

Let's assume the cost price of the material is $100.

Step 1: Markup Price
On a normal day, the shopkeeper marks the price 20% more than the cost price. Therefore, the marked price will be 100 + 20% of 100 = $120.

Step 2: Extra Material
On a particular day, the shopkeeper gets 10% extra material for the same price. Therefore, the quantity of material will be 100% + 10% = 110% of the original quantity.

Step 3: Discount
The shopkeeper gives a 25% discount on the marked price. Therefore, the selling price after the discount will be 75% of the marked price.

Step 4: Calculation
- Cost price: $100
- Marked price: $120
- Selling price after discount: 75% of $120 = $90

We can now calculate the profit or loss percentage:

Profit/Loss = (Selling Price - Cost Price) / Cost Price * 100

Profit/Loss = ($90 - $100) / $100 * 100

Profit/Loss = -$10 / $100 * 100

Profit/Loss = -10%

Since the value is negative, it represents a loss. Therefore, the answer is option B) 1% loss.
Explore Courses for Computer Science Engineering (CSE) exam
Question Description
A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? for Computer Science Engineering (CSE) 2025 is part of Computer Science Engineering (CSE) preparation. The Question and answers have been prepared according to the Computer Science Engineering (CSE) exam syllabus. Information about A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Computer Science Engineering (CSE) 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer?.
Solutions for A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Computer Science Engineering (CSE). Download more important topics, notes, lectures and mock test series for Computer Science Engineering (CSE) Exam by signing up for free.
Here you can find the meaning of A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A shopkeeper makes a profit on the sale of a material by marking the price 20% more than cost price on a normal day. On a particular day, while buying he gets 10% extra material for a given price. If he gives 25% discount on the marked prices, what is the profit or loss percentage on the transaction?a)2% lossb)1% lossc)2% profitd)1% profitCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Computer Science Engineering (CSE) tests.
Explore Courses for Computer Science Engineering (CSE) exam
Signup to solve all Doubts
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev