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By selling an umbrella for Rs. 30, a shop-keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10%. Find his gain percent during the sale season.
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7 1 2
Correct Option: A
Given that , Selling price of an umbrella = Rs. 30
At gains 20% ,
C.P. of umbrella = | × 30 = Rs. 25 | 120 |
S.P. of umbrella after 10% discount = Rs. | 30 × 90 | = Rs. 27 | ||
100 |
Gain = 27 - 25 = Rs. 2
∴ Required gain percent = | 2 | × 100% | ||
25 |
Required gain percent = | = 8% | 25 |