Multiple Choice Questions on A retailer marked its goods at 50 above the cost price and thinking that he will still make 30 profi........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A retailer marked its goods at 50 above the cost price and thinking that he will still make 30 profi...........

Quantitative Aptitude ( CCS) Profit and loss
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    A retailer marked its goods at 50% above the cost price and thinking that he will still make 30% profit, offers a discount of 20% on the marked price. What is the actual profit on the sale?

     

    18%
     

    Incorrect Answer

    25%
     

    Incorrect Answer

    20%
     

    Correct Answer

    15%

    Incorrect Answer
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    Explanation:

    50 + (-20) + (50)(-20)/100

    = 20

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