Multiple Choice Questions on Rahul gains 17 after allowing a discount of 10 on the marked price Find profit percent if he s........... for SSC (MTS) Preparation

Profit and loss

Quantitative Aptitude (MTS)

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Indian Economy - Understanding the basics of Indian economic system

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     Rahul gains 17% after allowing a discount of 10% on the marked price. Find profit percent if he sold the article without discount?

    30%

    Correct Answer

    15%

    Incorrect Answer

    17%

    Incorrect Answer

    10%

    Incorrect Answer
    Explanation:

     Let the cost price = Rs.100
    Therefore, Selling price = 100×117100=Rs.117
    Therefore, Marked price = 117×10090=130
    Therefore, Profit Percentage = (130−100)100×100=30%


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