Multiple Choice Questions on A retailer buys 40 pens at the market price of 36 pens from a wholesaler if he sells these pens givi........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A retailer buys 40 pens at the market price of 36 pens from a wholesaler if he sells these pens givi...........

Quantitative Aptitude ( CCS) Profit and loss
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    A retailer buys 40 pens at the market price of 36 pens from a wholesaler ,if he sells these pens giving a discount of 1% ,what is the profit % ?

    5%

    Incorrect Answer

    10%

    Correct Answer

    12%

    Incorrect Answer

    15%

    Incorrect Answer
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    Explanation:

    let the market price of each pen be Rs 1
    then,C.P of 40 pens = Rs 36 S.P of 40 pens =99% of Rs 40=Rs 39.60
    profit %=((3.60*100)/36) %=10%

    By: Pranav Gupta
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