Multiple Choice Questions on An article is marked 50 over its cost price Two successive discounts of 12 and 13 1 2 are allowed on........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

An article is marked 50 over its cost price Two successive discounts of 12 and 13 1 2 are allowed on...........

Quantitative Aptitude ( CCS) Profit and loss
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    An article is marked 50% over its cost price.Two successive discounts of 12% and 13(1/2)% are allowed on the marked price of the article.Find the profit or loss percent after selling at discount.

    8%

    Incorrect Answer

    10%

    Incorrect Answer

    13%

    Incorrect Answer

    14.18%

    Correct Answer
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    Explanation:

    Solution:
    Let the CP be Rs. 100
    SP = 150 * (88/100) * (86.5/100) = Rs. 114.18
    Therefore ,
    = (14.18/100)*100 =14.18%

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