Question : The marked price of an article is 50% more than its cost price. If a 20% discount is given, then what will be the profit percentage?
Option 1: 20%
Option 2: 25%
Option 3: 30%
Option 4: 50%
Correct Answer: 20%
Solution : Given: The marked price of an article is 50% more than its cost price. Let the cost price be 100 units. So, the marked price is 100 + 50 = 150 20% discount is given, So, selling price is $\frac{100-20}{100}×150=120$ $\therefore$ Profit = (Selling Price – Cost Price) = 120 – 100 = 20 So, the profit percentage is 20%. Hence, the correct answer is 20%.
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Question : The marked price of an article is 40% more than its cost price. If a 10% discount is given, what is the profit percentage?
Option 1: 10%
Option 2: 20%
Option 3: 26%
Option 4: 32%
Question : A dealer allows a 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price to earn the same percentage of profit as before?
Option 1: 12%
Option 2: 8.5%
Option 3: 10%
Option 4: 7.25%
Question : If the marked price is 75% more than the cost price and a discount of 40% is allowed on the marked price, then the percentage profit is:
Option 1: 6%
Option 2: 7%
Option 3: 8%
Option 4: 5%
Question : After allowing a 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is INR 648, then its marked price is:
Option 1: INR 910.40
Option 2: INR 835.20
Option 3: INR 751.68
Option 4: INR 826.80
Question : A person bought an article at a 30% discount on its marked price. The person then sold it at 30% profit for INR 427.70. What was the marked price of the article?
Option 1: INR 470
Option 2: INR 450
Option 3: INR 500
Option 4: INR 480
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