An article is sold at a certain price. By selling it at $\frac{2}{3}$ of that price, the seller loses 10%. The original gain percentage is: |
33% 25% 35% 40% |
35% |
Selling Price = 2/3 of original price Loss = 10% CP = SP (100/(100-L)) Assume Original SP = x SP = 2x/3 CP = 2x/3 *(100/(100-10)) CP = 2x/3 * (100/90) = 20x/27 Gain = SP - CP = x - [2x/3*(10/9)] = x - 20x/27 = 7x/27 Gain % = [(7x/27) / (20x/27)] * 100 = 35% The correct answer is Option (3) → 35% |