Question : The marked price of an article is 20% more than its cost price. What is the profit percent if a 5% discount is given on the marked price?
Option 1: 5
Option 2: 14
Option 3: 15
Option 4: 25
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 14
Solution : Let the cost price be Rs. 100. So, the marked price = (100 + 20) = Rs. 120 After a 5% discount the selling price = (120 – 120 × $\frac{5}{100}$) = Rs. 114 Therefore, the Profit percentage = $\frac{114-100}{100}×100$ = 14% Hence, the correct answer is 14.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A trader gains 25% by selling an article with a 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?
Question : A dealer gains 20% by selling an article at 25% discount on its marked price. If the cost price of the article is decreased by 15%, how much discount percentage should he now give on the same marked price so as to earn the same percentage of profit as before?
Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Question : An article is marked 25% above its cost price. If $x$% discount is allowed on the marked price and still there is a profit of 5.5%, then what is the value of $x$?
Question : The marked price of mustard oil is 25% more than its cost price. At what percentage less than the marked price should it be sold to have no profit and no loss?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile