Multiple Choice Questions on An uneducated retailar marks all its goods at 50 above the cost price and thinking that he will stil........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

An uneducated retailar marks all its goods at 50 above the cost price and thinking that he will stil...........

Quantitative Aptitude ( CCS) Profit and loss
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    An uneducated retailar marks all its goods at 50% above the cost price and thinking that he will still make 25% profit,offers a discount of 25% on the marked price.what is the actual profit on the sales?

    10%

    Incorrect Answer

    11%

    Incorrect Answer

    13.50%

    Incorrect Answer

    12.50%

    Correct Answer
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    Explanation:

    Let C.P =Rs 100.then ,marked price =Rs100
    S.P=75% of Rs 150=Rs112.50
    Hence,gain%=12.50%

    By: Pranav Gupta
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