Krishnan bought a camera and paid 20% less than its original price. He sold it a

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Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The per centage of profit earned by Krishnan on the original price was

Options:

A . 12%

B . 32%

C . 22%

D . 15%

Answer: Option A
Answer: (a)Let the original price be Rs.x.= $80/100 × x = Rs.{4x}/5$SP = ${4x}/5 × 140/100 = Rs.{28x}/25$Gain on original price=${28x}/25 - x ={3x}/25$∴ Gain % = ${3x}/{25x}$ × 100 = 12%

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