Question : An article costs Rs.4,000 to a shopkeeper, who marks its price at Rs.8,400. The shopkeeper sells it to a customer at a discount of 25%. The customer gets a further discount of 15% on the discounted price if the customer redeems a coupon issued by the store previously. What is the profit percentage (to the nearest integer) earned by the shopkeeper in this transaction?
Option 1: 34%
Option 2: 51%
Option 3: 42%
Option 4: 36%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Correct Answer: 34%
Solution :
Given,
The cost for a shopkeeper = Rs. 4,000
Marked Price = Rs. 8,400
Discount A = 25%.
Discount B = 15%
⇒ Final discount percentage $= 25 + 15 - \frac{25 \times 15}{100} = 36.25$%
And, Selling price of the article = $8400 \times (1 - 36.25$)% = Rs. 5355
Now,
Profit percentage = $\frac{5355 - 4000}{4000}\times 100 = 34$%
Hence, the correct answer is 34%.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
