Question : The marked price of a pen is 25% more than its cost price. The pen is sold for INR 220 after a discount of INR 30. What is the profit percentage?
Option 1: 10%
Option 2: 15%
Option 3: 20%
Option 4: 17.5%
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 10%
Solution : Given: Selling price = INR 220 Profit = INR 30 Let the cost price be $x$. Then, Marked price = $1.25x$ We know that, Marked price = selling price + discount ⇒ $\frac{125x}{100}=220+30$ ⇒ $x = 200$ Cost price = INR 200 Profit = selling price – cost price = 220 – 200 = 20 Profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times 100$ = $\frac{20}{200}\times 100$ = 10% Hence, the correct answer is 10%.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : The marked price of a chair is 10% more than its cost price. If the chair is sold for INR 300 after a discount of INR 140, then what will be the loss percentage?
Question : 15% of the marked price of an item is equal to 25% of its cost price. If a discount of 25% is given on the sale of the item, then what will be the profit percentage?
Question : The marked price of an article is 40% more than its cost price. If a 25% discount is given, what will be the profit percentage?
Question : Venus marked an article at 60% above its cost price, She sold it at a profit of 20%. Find the discount percentage offered in the article.
Question : The marked price of an article is 20 percent more than its cost price. If 10 percent 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