Multiple Choice Questions on The marked price of an article is 50 more than its cost price If 20 discount is given then what will........... for SSC (CPO) Exam Preparation

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Multiple Choice Questions

The marked price of an article is 50 more than its cost price If 20 discount is given then what will...........

Quantitative Aptitude (CPO) Profit and loss
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    The marked price of an article is 50% more than its cost price. If 20% discount is given, then what will be the profit percentage?

    20

    Correct Answer

    25

    Incorrect Answer

    30

    Incorrect Answer

    50

    Incorrect Answer
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    Explanation:

    20

     If Cp= 20

    Mp=30

    Discount = 30* 20/100 = 6

    Discounted price = 30-6= 24

    Profit= 24-20= 4

    Profit percentage= (4/20)*100

                               = 20%

    By: Parvesh Mehta
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