Multiple Choice Questions on After giving a discount of 30 on MP a shopkeeper gets a profit of 40 on CP What ge marked above the ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

After giving a discount of 30 on MP a shopkeeper gets a profit of 40 on CP What ge marked above the ...........

Quantitative Aptitude ( CCS) Profit and loss
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    After giving a discount of 30% on MP a shopkeeper gets a profit of 40% on CP. What %ge marked above the CP?

    85%
    Incorrect Answer
    70%
    Incorrect Answer
    100%
    Correct Answer

    90%

    Incorrect Answer
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    Explanation:

    Let CP be Rs100
    Discount 70 ……….. 140
    ……… MP ..100 …….. ? ==> 200.
    Then 100% above CP.

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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