By selling an article what is the profit percent gained? I. 5% discount is given on list price. II. If discount is not given, 20% profit is gained. III. The cost price of the articles is Rs. 5000. ?->(Show Answer!)

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1. By selling an article what is the profit percent gained? I. 5% discount is given on list price. II. If discount is not given, 20% profit is gained. III. The cost price of the articles is Rs. 5000.

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By: guest on 01 Jun 2017 05.48 pm

I. Let the list price be Rs. x. Then, S.P. = 95% of Rs. x = Rs. x x 95 = Rs. 19x 100 20 II. When S.P. = Rs. x and gain = 20%. Then, C.P. = Rs. 100 x x = Rs. 5x 120 6 Gain = 19x - 5x = 57x - 50x = 7x 20 6 60 60 Gain % = 7x x 6 x 100 % = 14%. 60 5x Thus, I and II only give the answer. Correct answer is (A).

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