After giving 20 discount on an article there is a profit of 20 What will be the profit percentage wh...........

Quantitative Aptitude (CPO) Profit and loss

After giving 20% discount on an article there is a profit of 20%. What will be the profit percentage when no discount is given?

Let’s break it down:

- Let’s call the cost price (CP) 100.

- There’s a 20% profit after a 20% discount. That means selling price after discount is 120.

- Since a 20% discount is given, that 120 is 80% of the marked price (MP). So, 0.8 × MP = 120 ? MP = 150.

- Now, if there’s NO discount, the selling price becomes the marked price: 150.

- Profit, then, is 150 - 100 = 50.

- Profit percentage = (Profit/CP) × 100 = (50/100) × 100 = 50%.

Now, here’s how the options stack up:

- Option 1: 40 (less than the answer)

- Option 2: 44 (still less)

- Option 3: 54 (too high)

- Option 4: 50 That’s exactly what we got.

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