21.
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By selling an article what is the profit percent gained?
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I.
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5% discount is given on list price.
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II.
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If discount is not given, 20% profit is gained.
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III.
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The cost price of the articles is Rs. 5000.
|
|
A.
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Only I and II
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B.
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Only II and II
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C.
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Only I and III
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D.
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All I, II and III
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E.
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None of these
| | |
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Answer: Option A
Explanation:
I. Let the list price be Rs. x.
Then, S.P. = 95% of Rs. x = Rs.
|
|
x x
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95
|
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= Rs.
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19x
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100
|
20
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II. When S.P. = Rs. x and gain = 20%.
Then, C.P. = Rs.
|
|
100
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x x
|
|
= Rs.
|
5x
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120
|
6
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Gain =
|
|
19x
|
-
|
5x
|
|
=
|
|
57x - 50x
|
|
=
|
7x
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20
|
6
|
60
|
60
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Gain % =
|
|
7x
|
x
|
6
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x 100
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% = 14%.
|
60
|
5x
|
Thus, I and II only give the answer.
Correct answer is (A).
