Question
Sat March 14, 2015 By: Susheela Bhat

The catalogue price of a V.C.P is rs.7,200. If it is sold at a discount of 20% of the catalogue price , a gain of 25% is made.Find the gain or loss percent, if the V.C.P is sold for rs. 1900.80 below the catalogue price.
 

Expert Reply
Prasenjit Paul
Sun March 15, 2015
M a r k e d space P r i c e comma space M P equals R s space 7200 D i s c o u n t space % equals space 20 % D i s c o u n t space equals 20 % space o f space 7200 equals 20 over 100 cross times 7200 equals R s 1440 S e l l i n g space P r i c e space equals space 7200 minus 1440 equals R s space 5760 P r o f i t % space equals 25 % L e t space C o s t space P r i c e space b e space R s space x. x plus 25 over 100 cross times x equals 5760 x equals R s space 4608 therefore C o s t space P r i c e space equals space R s space 4608 N e w space S e l l i n g space P r i c e space equals space 7200 minus 1900.80 equals R s space space 5299.20 P r o f i t equals 5299.20 minus 4608.00 equals R s space 691.20 G a i n % equals fraction numerator 691.20 over denominator 4608 end fraction cross times 100 equals 15 % therefore G a i n % equals 15 %
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