A vendor marks up the original cost price of an article by 30%. Sita buys this article from the vendor after getting a discount of 10%.

Question

A vendor marks up the original cost price of an article by 30%. Sita buys this
article from the vendor after getting a discount of 10%. Sita then sells the
article to Gita at the original cost price. What is Sita’s loss percentage?
Pick ONE option
A) 14.53%
B) 12.33%
C) 17%
D) 18.33%

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Charlie 1 month 2021-10-27T01:44:14+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-10-27T01:45:53+00:00

    Sita’s loss percentage is 14.53%

    Therefore, option (A) is correct.

    Step-by-step explanation:

    Let the original cost price be X Rs.

    Then marked price = X +30X/100 = X + 0.3X = 1.3X Rs.

    Vendor sold the article to Sita after giving 10% discount on this price

    Therefore, Sita bought it for = 1.3X – (1.3X × 10)/100 = 1.3X – 0.13X = 1.17X

    Sita sold the article to Gita at price = X

    Loss % of Sita

    =\frac{X-1.17X}{1.17X}\times 100

    =-\frac{0.17}{1.17}\times 100     (negative sign indicates loss)

    =14.53\%

    Hope this answer is helpful.

    Know More:

    Q: The value of an article is decrease by 10% and again  decrease by 10% what is the net effect on its price.​

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    Q: the cost of an article increases by rs 100 the selling price increases by the new profit decreases from 15% to 10% what is the original cost price
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