His Gain Percent is

A shopkeeper claims to sell his articles at a discount of 10 % but marks his articles by increasing the cost of each be 40 % . His gain percent is

  1. 26%
  2. 29%
  3. 30%
  4. 35%
Abhay Default Asked on 29th July 2015 in Maths.
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1 Answer(s)

Answer: (1) 26 %
Explanation:-
Let the cost price of an article = Rs.100
A shopkeeper marks his article by increasing the cost of 40 %.
Then, the selling price = 100 + 100 x 40/100
= 100 + 40
= Rs.140

He gave 10 % discount,
Then, The selling price = 140 – 140 x 10/100
= 140 – 14
= Rs.126
Gain percent = 126 – 100
= 26 %
Hence, the answer is (1) 26 %.

Anurag Mishra Professor Answered on 29th July 2015.
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