Profit and loss

Quantitative Aptitude (CPO)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The marked price of an article is 50% more than its cost price. If 20% discount is given, then what will be the profit percentage?

If Cp= 20

Mp=30

Discount = 30* 20/100 = 6

Discounted price = 30-6= 24

Profit= 24-20= 4

Profit percentage= (4/20)*100

= 20%