Question : A shopkeeper sells a table at a discount of 25% on the marked price and earns a profit of 80%. If he sells the same table at a 40% discount, then his new profit is:
Option 1: 31%
Option 2: 44%
Option 3: 33%
Option 4: 41%
New: SSC CHSL tier 1 answer key 2024 out | 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: 44%
Solution : Given: A shopkeeper sells a table at a discount of 25% on the marked price and earns a profit of 80%. Let the CP of the table = Rs. 100 Here cost price is denoted by CP, the selling price is denoted by SP, and the marked price is denoted by MP. Profit = $80$% So, the SP = ($100+100×\frac{80}{100}$) = Rs. $180$ There is also a 25% discount on the MP, So, the MP = $180×(\frac{100}{100–25})$ = Rs. $240$ If he sells the same table at a 40% discount, The new SP = $240×(\frac{60}{100})$ = Rs. $144$ So the new profit = $(144–100)$ = Rs. $44$ The new profit % = $\frac{44}{100}\times 100$ = 44% Hence, the correct answer is 44%.
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 shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at a 40% discount, then what will be his new profit percentage?
Question : A shopkeeper sells a table at a $25\%$ discount on the marked price and earns a profit of $70\%$. If he sells the same table at $50 \%$ discount, then his new profit percentage will be:
Question : A shopkeeper sells a table at a discount of 20 percent and earns a profit of 30 percent. If he sells the same table at a 10 percent discount, then what will be his new profit or loss percent?
Question : A retailer buys 50 pens at the marked price of 44 pens. If he sells these pens at a discount of 1% on the marked price, what is the profit percentage?
Question : A shopkeeper fixes the price of an article at 30% higher than its actual cost. If he sells at a 10% discount on the marked price then the profit is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile