Multiple Choice Questions on Prakash bought a bike at 20 discount on its original price He sold it with 30 increase on the p........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Prakash bought a bike at 20 discount on its original price He sold it with 30 increase on the p...........

Quant (SSC) Profit and loss
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    Prakash  bought a bike at 20% discount on its original price.He sold it with 30% increase on the price he bought it.The new sale price is by what percent more than the original price ?

    4%

    Correct Answer

    5%

    Incorrect Answer

    10%

    Incorrect Answer

    22%

    Incorrect Answer
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    Explanation:

    Let original price = Rs.100
    20% discount = Rs.20
    CP = 80
    SP = (130/100)×80 = 104
    Percentage = (104 – 100 )% = 4%

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