top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

If commission of 10% is given on list price, the gain is 20%. Find the gain percent, if commission is increased to 20%?

0 votes
619 views
If commission of 10% is given on list price, the gain is 20%. Find the gain percent, if commission is increased to 20%?
posted Aug 10, 2016 by anonymous

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

+1 vote

let the list prize be RS 100
then selling prize by allowing 10%=90
on the above deal,profit is 20%
hence C P=90X100/120=75
NO CHANGE IN LIST PRIZE IE 100
DISCOUNT ALLOWED 20%
SELLING PRIZE =80
5 OF GAIN=5/75X100=6.666
ANS =6.67%

answer Aug 11, 2016 by Gangadharan Kv



Similar Puzzles
0 votes

A bike is sold at a certain price. By selling it at two third of that price one loses 10%. Find the gain percent at original price.

0 votes

A person allows a 10% discount for cash payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770 ?

0 votes

Rohan buys an old bike for Rs. 13500 and spends Rs. 4250 on its repairs.
If he sells the bike for Rs. 27000, what is his gain in percent?

...