Multiple Choice Questions on The cost price of an article is 64 of the marked price Calculate the gain percent after allowi........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The cost price of an article is 64 of the marked price Calculate the gain percent after allowi...........

Quantitative Aptitude ( CCS) Profit and loss
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     The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%.

    37.5%

    Correct Answer

    48%

    Incorrect Answer

    50.5%

    Incorrect Answer

    24 %

    Incorrect Answer
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    Explanation:

    If M.R.P = 100

    Then C.P = 64

    After allowing a discount of 12% on M.R.P;

    S.P = 88

    P% = (88 - 64)/64 * 100% = 24/64 * 100% = 37.5% 

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