Syntax cement gives a commission of 15% on the printed price of each sack of cement if sells to its dealers and gains a profit of 19%. If the commission is decreased to 10%, the new profit percentage will be:

Correct answer marked below

21%

25%

26%

Correct

35%

None of these

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Explanation

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Official Explanation

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Assuming 100 as a printed price on that Syntax cement gives a commission of 15% of each sack of cement.

Therefore actual selling price is

85

and on that syntax earns profit of 19%.

Therefore CP =

\frac{85}{1.19}

(Both Multiple of 17) =

\frac{500}{7}

…

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