Multiple Choice Questions on A profit of 20 is made on goods when a discount of 10 is given on the marked price What profit per c........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A profit of 20 is made on goods when a discount of 10 is given on the marked price What profit per c...........

Quantitative Aptitude ( CCS) Profit and loss
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    A profit of 20% is made on goods when a discount of 10% is given on the marked price. What profit per cent will be made when a discount of 20% is given on the marked price?

    5%
    Incorrect Answer
    6 2/3 %
    Correct Answer
    8%
    Incorrect Answer

    4 1/3%

    Incorrect Answer
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    Explanation:

    Let the CP be 100
    MP…. 90……. 120
    ……. 100…. ?=>400/3
    Now with 20% discount the profit %ge be
    400/3*80/100=320/3
    Profit %ge=320/3-100=20/3= 6 2/3 %.

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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