Multiple Choice Questions on The market price of a table is Rs 1200 which is 20 above the cost price It is sold at a discount of ........... for CDS Exam Preparation

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Multiple Choice Questions

The market price of a table is Rs 1200 which is 20 above the cost price It is sold at a discount of ...........

Quantitative Aptitude (CDS) Profit and loss
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    The market price of a table is Rs. 1200, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit percent?

    10%

    Incorrect Answer

    5%

    Incorrect Answer

    8%
     

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:
    marked price is =1200
     C.P × 120/100 =1200
     C.P=1000
     S.P=1200×90/100
     =1080
     profit price=(1080-1000)100/1000
     =8%

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