Question : A laptop is marked at a price 20% above its cost price. At what discount percentage should it be sold to make a 5% profit?
Option 1: 11.5%
Option 2: 12.5%
Option 3: 13.5%
Option 4: 10.5%
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
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 12.5%
Solution : Let the cost price of the product be Rs. 100 So, marked price = (100 + 20)% of 100 = Rs. 120 Now, profit = 5% So, the selling price = (100 + 5)% of 100 = Rs. 105 Also, discount $=$ Marked price – Selling price = Rs. 120 - Rs. 105 = Rs. 15 ⇒ Discount % $= \frac{15}{120} × 100 = 12.5\%$ Hence, the correct answer is 12.5%.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : A mobile is marked at a price 25% above its cost price. At what discount percentage it should be sold to make a 5% profit?
Question : The marked price of the cupboard is INR 15,750, which is 50% above its cost price. It is sold at a discount of 40%. What is the profit/loss percentage?
Question : An article is marked at Rs. 450. If it is sold at a discount of 20%, then the selling price becomes 1.5 times its cost price. What is the cost price?
Question : A merchant marked his goods 20% above the cost price and sold the goods at a profit of 8%. The rate of discount is:
Question : The marked price of an article is $40$% more than its cost price. If a $20$% discount is given on the marked price, then what will be the profit percentage?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile