Arithmetic Ability
Percentage

54 / 161

Q.

Subbu purchased a tape recorder at 9/10 of its selling price and sold it at 8% more than its selling price. His gain is

View Answer

Correct choice: C

Explanation:

Let S.P = x then C.P = \inline \frac{9x}{10} Selling price received by subbu = (108% of x) = \inline \frac{108}{100}x=\frac{27}{25}x Gain= \inline (\frac{27}{25}x-\frac{9}{10}x)=\frac{9}{50}x Hence gain% = \inline (\frac{9x}{50}\times \frac{10}{9x}\times 100) = 20%
54 / 161