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A shopkeeper makes a profit of 20% by selling a T.V. What would be the new profit percent if the shopkeeper paid 15% less for the T.V and the customer paid 10% more for the T.V?
  • a)
    48.2%
  • b)
    58.4%
  • c)
    55.3%
  • d)
    60.2%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A shopkeeper makes a profit of 20% by selling a T.V. What would be th...
Let the price at which T.V was purchased by shopkeeper = Rs 100a
Hence the price at which T.V was sold by shopkeeper = Rs 120a
If shopkeeper paid 15% less than the previous amount hence new cost price of the T.V = Rs (100a X 0.85) = Rs 85a
New selling price of the T.V = Rs (120a X 1.1) = Rs 132a
Profit % = (132a-85a)/85a X 100 = 55.3%
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A shopkeeper makes a profit of 20% by selling a T.V. What would be the new profit percent if the shopkeeper paid 15% less for the T.V and the customer paid 10% more for the T.V?a)48.2%b)58.4%c)55.3%d)60.2%Correct answer is option 'C'. Can you explain this answer?
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A shopkeeper makes a profit of 20% by selling a T.V. What would be the new profit percent if the shopkeeper paid 15% less for the T.V and the customer paid 10% more for the T.V?a)48.2%b)58.4%c)55.3%d)60.2%Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A shopkeeper makes a profit of 20% by selling a T.V. What would be the new profit percent if the shopkeeper paid 15% less for the T.V and the customer paid 10% more for the T.V?a)48.2%b)58.4%c)55.3%d)60.2%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper makes a profit of 20% by selling a T.V. What would be the new profit percent if the shopkeeper paid 15% less for the T.V and the customer paid 10% more for the T.V?a)48.2%b)58.4%c)55.3%d)60.2%Correct answer is option 'C'. Can you explain this answer?.
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