Multiple Choice Questions on After allowing a discount of 25 on the market price of an article there is a gain of 20 What is the ........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

After allowing a discount of 25 on the market price of an article there is a gain of 20 What is the ...........

Quant (SSC) Profit and loss
    Download Solution PDF

    After allowing a discount of 25% on the market price of an article, there is a gain of 20%. What is the profit % if the article is sold at market price i.e. allowing no discount?

    65%

    Incorrect Answer

    55%

    Incorrect Answer

    60%

    Correct Answer

    50%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Profit and loss
    Prepare through Micro-courses
    Try Now
    Explanation:

    Let MP = Rs 100
    SP = Rs 75, then Discount = 25
    Gain = 20%
    CP = (100/120) * 75 = 62.5
    So Profit% when no discount = [100-62.5/62.5]*100 = 60%

    By: Amit Kumar
    ProfileResources

    Let's Discuss

    Master
    Profit and loss
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free