Multiple Choice Questions on A shopkeeper mark the price 50 above its cost price If he allows his customer a discount of 30........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper mark the price 50 above its cost price If he allows his customer a discount of 30...........

Quantitative Aptitude ( CCS) Profit and loss
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     A shopkeeper mark the price 50% above its cost price. If he allows his customer a discount of 30%, he makes a profit of ?

    5%

    Correct Answer

    10%

    Incorrect Answer

    12%

    Incorrect Answer

    15%

    Incorrect Answer
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    Explanation:

    Let the C.P be 100%.     =>   M.R.P = 150%

    After Allowing a discount of 30%:-

    S.P = 150% * 70% = 105%

    Hence the profit here is 5%.

    By: Deepak Dawra
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