Multiple Choice Questions on A trader marks his goods at 20 above cost price If he allows a discount of 5 what is his final profi........... for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

A trader marks his goods at 20 above cost price If he allows a discount of 5 what is his final profi...........

Quantitative Aptitude (RRB NTPC) Profit and loss
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    A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%?

    12%

    Incorrect Answer

    14%

    Correct Answer

    15%

    Incorrect Answer

    18%

    Incorrect Answer
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    Explanation:
    Let CP = 100
    MP = 120
    SP = 120 X 95100 = 114
    => Profit%= (114-100)x100/100=14%

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