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

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?

- Marked Price and Cost Price Relationship: The marked price is 50% more than the cost price.

- Calculating Marked Price: If the cost price is \( x \), then the marked price is \( x + 0.5x = 1.5x \).

- Discount on Marked Price: A 20% discount is applied, so the selling price becomes \( 1.5x \times 0.8 = 1.2x \).

- Profit Calculation: The profit is the difference between the selling price and the cost price. So, profit = \( 1.2x - x = 0.2x \).

- Profit Percentage: Profit percentage is \( \frac{0.2x}{x} \times 100\% = 20\% \).

- Options:

- Option 1: 20%

- Option 2: 25%

- Option 3: 30%

- Option 4: 50%

Your answer is indeed option 1, which is correct.

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