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Arithmetic Ability
Profit and Loss

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Every year before the festive season,a shopkeeper increases the price of the product by 35% and then introduce two successive discount of 10% and 15% respectively.what is percentage loss and percentage gain ?

A. 3.27 % loss

B. 4.15 % loss

C. 3.27 % gain

D. 4.15 % gain

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Correct choice: C

Explanation:

Let cp= 100, 35 % increase in sp=135 10 % discount in 135((135*10)/100)=13.5 so 1st sp=(135-13.5)=121.5, again 15 % discount in 1st sp((121.5*15)/100)=18.225 2nd sp=(121.5-18.225)=103.275, so finally cp=100,sp=103.275 ,gain by 3.27%

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Arithmetic Ability Profit and Loss

Arithmetic Ability
Profit and Loss