Bissoy.com
Doctors Medicines MCQs Q&A

A dealer bought a microwave and a geyser for Rs. 15000, and sold them earning a total profit of 22%, such that he sold the microwave at a profit of 20% after giving a discount of 10% on its marked price and the geyser at a profit of 25%. How much total profit percentage he would have earned, if he had sold the microwave at a discount of 15%?

A dealer bought a microwave and a geyser for Rs. 15000, and sold them earning a total profit of 22%, such that he sold the microwave at a profit of 20% after giving a discount of 10% on its marked price and the geyser at a profit of 25%. How much total profit percentage he would have earned, if he had sold the microwave at a discount of 15%? Correct Answer 18%

Let the cost price of the microwave and the geyser be Rs. ‘x’ and Rs. ‘y’ respectively

⇒ x + y = 15000       ----(1)

Total profit earned = 22% of 15000 = Rs. 3300

⇒ Total selling price = 15000 + 3300 = Rs. 18300

∵ Profit earned on microwave is 20% & on geyser is 25%,

⇒ Selling price of microwave = x + 20% of x = 1.2x

⇒ Selling price of geyser = y + 25% of y = 1.25y

⇒ 1.2x + 1.25y = 18300       ----(2)

Multiplying (1) by 1.2 and subtracting from (2),

⇒ 1.2x + 1.25y - 1.2x - 1.2y = 18300 - 18000

⇒ 0.05y = 300

⇒ y = Rs. 6000

⇒ x = 15000 - 6000 = Rs. 9000

∵ The microwave was sold at a discount of 10%,

⇒ 90% of Marked price of microwave = Selling price of microwave = 1.2x = 1.2(9000) = Rs. 10800

⇒ Marked price of microwave = 10800/0.9 = Rs. 12000

Now, if the microwave was sold at a discount of 15% instead of 10%,

Profit earned would have reduced by 15 - 10 = 5% of 12000 = Rs. 600

⇒ Total profit earned would be = 3300 - 600 = Rs. 2700

∴ If the microwave was sold at a discount of 15%, Profit earned would be = 2700/15000 × 100 = 18%

Related Questions

Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. What is selling price of Bed if Dealer sells at a profit of 15%? I. Dealer marks bed 60% above cost price and allow a discount of 25%. If no discount is offered then he would get Rs. 1920 more profit. II. Dealer marks bed 75% above cost price and after allowing two successive discount of 20% sold to Simmu, Simmu sold it to Jayesh for Rs. 6720 and claims of profit 25%. III. Dealer marks bed 75% above cost price and after allowing a discount of 25% sells it to customer. If he allows an addition discount of 20% he would get Rs 1260 less.
A dealer sold a laptop to P earning a profit of 12%. P used the laptop for many years, spent Rs. 2384 on its repair and sold it for Rs. 11000 to Q. Q further spent Rs. 8800 on its repair and sold it to the same dealer earning a profit of 5%. If the price at which the dealer bought the laptop from Q is 30% of the price at which he initially bought the laptop, then find the loss percentage of P. 
Given below are three quantities named A, B and C. Based on the given information, determine the relation among the three quantities. Quantity 1: The marked price of a timex sports watch was Rs.720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. What was the second discount rate? Quantity 2: The shopkeeper sold his good at half the list price and thus lost 20%. If he had sold on the listed price, find the gain percent. Quantity 3: The timber trader marked his good at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at the discount of 30% on the marked price. Find the total gain.
A dealer bought a product and sold it to a shopkeeper, who further sold it to a customer, such that the dealer and the shopkeeper marked the price of the product 25% and 40% above the cost price respectively, and sold the product giving a discount of 10% and 25% respectively. If the dealer bought the product for Rs. 1680, at what price did the shopkeeper sold the product to the customer?
An article was sold after giving a discount on the marked price. What was the discount percentage given? I. The profit earned after giving the discount is 20%. Had the percentage of discount been doubled the seller would have incurred a loss of 4%. II. Marked price of the article is 60% above the cost price of the article.
Ranganathan bought a 220 cc sports bike and a 4 seater sedan car during Diwali offer. After some time, he sold all of them at 30% profit. Bike is sold at 10% profit. Cost price of Bike is 1/10 of the cost of car. Marked price of a car is Rs. 4,50,000. If he bought bike at a discount of 20% on marked price and car at a discount of 10% on marked price then, what will be the ratio of marked price of bike to the selling price of the car?
The cost price of an item is Rs Q and it was marked up on its cost price by R%. A discount of S% was provided while selling the item such that the percentage profit earned in selling it was 12.5% and the profit earned was Rs 45. If the article had been sold at a mark-up of (4R/5)% on the cost price and discount provided was R%, there would have been a loss of Rs 36. Which of the following can be determined? (A) The value of Q (B) The value of R (C) The value of S (D) Initial profit if the item had been sold without providing discount.
A company sold a bike worth Rs. 40000 to a dealer at a profit of 5%. The dealer sold it to a customer at a profit of 12%. After few years, the customer sold the bike back to the dealer at 25% loss. If the dealer sold the old bike to a new customer at 5% profit, at what price did the new customer bought the bike?
Seven friends, Anil, Sunil, Rohit, Puja, Shalini, Pradhi and Gaurav bought seven cars during a week but each one bought their cars on a different day of the week. Each of them also bought a different brand of car. The brands are: Maruti, Honda, Toyota, Renault, Tata, Mahindra and Hyundai. Consider the week stated on a Monday and ended on the following Sunday. The following information are known: Rohit bought a Hyundai on Monday On Sunday, one of them bought a Renault. Shalini bought her car just the day after Anil and just the day before Gaurav Anil bought a Mahindra car Puja bought a Tata car on Friday Sunil did not buy either a Toyota or a Renault Gaurav bought a Maruti On which day did Shalini buy her car and what was the brand of her car?
Given below are three quantities named A, B and C. Based on the given information, determine the relation among the three quantities. A shopkeeper bought two products X and Y from a company. He bought product X for Rs. 3060 and sold it to the customer earning a profit of 20%, while he sold the product Y to a customer for Rs. 4160, thereby earning a profit of 30%. Quantity A: If the company earned a profit of 20% on the product X, what is the manufacturing cost of product X? Quantity B: If the company earned a profit of Rs. 600 on the product Y, what is the manufacturing cost of product Y? Quantity C: What is the difference between the total price paid by the customers and the total manufacturing cost of the products X and Y?