Multiple Choice Questions on A shopkeeper marks his goods at 24 above its his goods and alows purchasers a discount of 12 for cas........... for CDS Exam Preparation

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Multiple Choice Questions

A shopkeeper marks his goods at 24 above its his goods and alows purchasers a discount of 12 for cas...........

Quantitative Aptitude (CDS) Profit and loss
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    A shopkeeper marks his goods at 24% above its his goods and alows purchasers a discount of 12% for cash payment. The profit, he thus makes, is?

    7.4%

    Incorrect Answer

    8.39%

    Incorrect Answer

    8%

    Incorrect Answer

    9.12%

    Correct Answer
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    Explanation:

    Let the cost price of the article = Rs. 100
    Marked price = Rs. 124

    SP of the article = (100 - 12) % of 124

    = 88% of 124

     = (124×88)/100

    = Rs.109.12

    Gain per cent = 109.12 - 100

    = 9.12%

    By: bhavesh kumar singh
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