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%
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
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%.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
