Correct Answer : A
A salesman earns a commission of 3% on the value of sale that he makes. If by selling a radio at 60 % of the marked prices, he earns a commission of Rs. 12, then the marked price of the radio is?
X buys an apple from Y for Rs.5 and sells it to Z for Rs.10. He later buys the apple back from Z for Rs.12 and sells it to Y for Rs.15. What is his profit over the venture?
Instead of a metre scale, a cloth merchant uses a 120 cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of 20% on cash payment, what is his overall percent profit ?