Question : 20 percent of the marked price is equal to 50 percent of the cost price. If no discount is given, then what will be the profit percentage?
Option 1: 120%
Option 2: 150%
Option 3: 125%
Option 4: 100%
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Correct Answer: 150%
Solution : Given, 20% of Marked Price = 50% of Cost Price ⇒ $\frac{MP}{CP} = \frac{5}{2}$ Let, MP $= 5k$ CP $= 2k$ If no discount is given, Profit = $5k–2k = 3k$ Profit% = $\frac{3k}{2k}\times 100 = 150$% Hence, the correct answer is 150%.
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Option 4: 10 percent
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Option 2: $12$%
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Option 1: Profit, 10%
Option 2: Loss, 10%
Option 3: Loss, 20%
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Question : The marked price of a calculator is Rs. 1200. It is sold at a discount of 25 percent. If the cost price of the calculator is Rs. 800, then what is the value of profit?
Option 1: Rs. 100
Option 2: Rs. 50
Option 3: Rs. 150
Option 4: Rs. 200
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Option 1: 8.33 percent
Option 2: 16.25 percent
Option 3: 18.75 percent
Option 4: 17.25 percent
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