What was the discount percentage that was given? I.Selling an almirah for Rs. 12,350 yielded a profit of 23.5 percent. II. The earned profit would have been 30% if there had been no discount. III.The almirah cost Rs. 10,000 at the time of purchase.
A. Only I and II
B. Only II and III
C. Only I and III
D. None of these
Answer:D
What was the discount percentage that was given? I.Selling an almirah for Rs. 12,350 yielded a profit of 23.5 percent. II. The earned profit would have been 30% if there had been no discount. III.The almirah cost Rs. 10,000 at the time of purchase.
A. Only I and II B. Only II and III C. Only I and III D. None of these
Explanation: Gain = 23.5 percent, I. S.P. = Rs. 12350.C.P. = Rs. 100 x Rs. 123.5 x Rs. 12350 = Rs. 10,000. II. M.P. = 130 percent of C.P. = 130 percent of Rs. 10,000 = Rs. 13,000 M.P. = 130 percent of C.P. = 130 percent of Rs. 10,000 = Rs. 13,000.Discount = Rs. (13000 - 12350) = Rs. 650 from I and II.Discount percentage = 650/13000 x 100% = 5%.As a result, I and II provide the solution.II and III are unable to provide a response. We need profit percentages with and without discounts because we need profit percentages with and without discounts. As a result, II and III are insufficient.Because C.P. = Rs. 10,000 is given by III, I and III provide the answer.As a result, the solution is I and II [or] I and III.