An article is marked at 100 above its cost price After allowing two successive discounts of 5 and 20...........

Quantitative Aptitude (CPO) Profit and loss

An article is marked at 100% above its cost price. After allowing two successive discounts of 5% and 20% respectively on the marked

price, it is sold at x% profit. What is the value of x?

This questions was previously asked in

SSC CPO 11th Dec 2019 Shift-2

- The article is initially marked at 100% above the cost price. So, the marked price is double the cost price.

- Let the cost price be \( C \). Then, the marked price is \( 2C \).

- A 5% discount on the marked price reduces it to \( 0.95 \times 2C = 1.9C \).

- Another 20% discount on this price reduces it to \( 0.8 \times 1.9C = 1.52C \).

- The final selling price is \( 1.52C \), which is 52% above the cost price.

- This corresponds to a 52% profit on the cost price.

The correct answer is:

- Option 4: 52

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