There is a profit of 20 on an article when a discount of 10 is given What will be the profit on the ...........

Quantitative Aptitude ( CCS) Profit and loss

There is a profit of 20% on an article, when a discount of 10% is given. What will be the profit % on the article if discount given is 20%?

2 1/3%

4 4/5%

6 2/3%

P2% = (100+p%1) [ (100 – d2%)/(100 – d1%)] – 100
So P2% = (100+20) [ (100 – 20)/(100 – 10)] – 100

= 120 * (80/90) – 100 = 20/3%

Hence, option 4 is the correct answer.

Submit Error