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If a discount of 10% is given to a custo...

If a discount of 10% is given to a customer on the marked price of an article, the gain of the trader is 20%. What will be the gain per cent of the trader if the discount is increased to 15%?

A

12 `1/2` %

B

13 `1/3` %

C

14 `1/4` %

D

15 `1/5` %

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we will use the relationship between discount, cost price, and selling price to find the gain percentage when the discount is increased to 15%. ### Step-by-Step Solution: 1. **Understanding the Given Information:** - Let the marked price (MP) of the article be \( M \). - A discount of 10% is given, so the selling price (SP) after the discount is: \[ SP = M - 0.10M = 0.90M \] - The gain of the trader with a 10% discount is 20%. This means: \[ SP = CP + 0.20CP = 1.20CP \] - Therefore, we can equate the two expressions for SP: \[ 0.90M = 1.20CP \] 2. **Finding the Relationship Between CP and M:** - Rearranging the equation gives: \[ CP = \frac{0.90M}{1.20} \] - Simplifying this: \[ CP = 0.75M \] 3. **Calculating the Selling Price with a 15% Discount:** - Now, if the discount is increased to 15%, the new selling price is: \[ SP = M - 0.15M = 0.85M \] 4. **Finding the New Gain Percentage:** - We know the cost price (CP) is \( 0.75M \). The new gain can be calculated as: \[ \text{Gain} = SP - CP = 0.85M - 0.75M = 0.10M \] - To find the gain percentage: \[ \text{Gain Percentage} = \left(\frac{\text{Gain}}{CP}\right) \times 100 = \left(\frac{0.10M}{0.75M}\right) \times 100 \] - Simplifying this: \[ \text{Gain Percentage} = \left(\frac{0.10}{0.75}\right) \times 100 = \left(\frac{10}{75}\right) \times 100 = \frac{1000}{75} \approx 13.33\% \] 5. **Conclusion:** - Therefore, the gain percentage of the trader when the discount is increased to 15% is approximately **13.33%**.
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