Profit and loss

Quantitative Aptitude (CHSL)

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A customer saves Rs400 at the rebate of 20% on market price of an article. If the cost price of the article for shopkeeper is Rs1200.Then find the profit percent of shopkeeper?

33(1/3)%

25%

20%

16(2/3)%

Explanation:

Solution:
20% of M.P = 400
M.P = 2000
S.P = 1600
C.P= 1200
Profit % = 400/1200* 100= 33(1/3)%

By: Pranav Gupta

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