Multiple Choice Questions on Even after reducing the marked price of a fan by Rs64 a shopkeeper makes a profit of 15 If the cost ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Even after reducing the marked price of a fan by Rs64 a shopkeeper makes a profit of 15 If the cost ...........

Quantitative Aptitude ( CCS) Profit and loss
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    Even after reducing the marked price of a fan by Rs64, a shopkeeper makes a profit of 15%. If the cost price of fan is Rs640 what percent of profit would have been made if he had sold the fan at the market price?

    20%

    Incorrect Answer

    25%

    Correct Answer

    30%

    Incorrect Answer

    40%

    Incorrect Answer
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    Explanation:

    Solution:
    Profit = 15% = 3/20. So
    CP…………SP
    20…………23
    640……….736
    M.P = 736+64 = 800
    Profit % = 160/640* 100 = 25%

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