Multiple Choice Questions on Articles are marked at a price which gives a profit of 22 After allowing a certain discount the prof........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Articles are marked at a price which gives a profit of 22 After allowing a certain discount the prof...........

Quant (SSC) Profit and loss
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    Articles are marked at a price which gives a profit of 22%. After allowing a certain discount the profit reduced to half of previous profit, then the discount % is

    9%

    Correct Answer

    7%

    Incorrect Answer

    10%

    Incorrect Answer

    12%

    Incorrect Answer
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    Explanation:

    CP = 100
    MP = 122
    SP = 111
    % of D => 122 *(100-x)/100 = 111
    122*(100-x) = 11100
    12200-122x = 11100
    12200-11100 = 122x
    X = 1100/122 = 9.02 = 9%

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