Profit and loss

Quantitative Aptitude ( CCS)

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Shopkeeper marked the selling price of an article at 12% above the cost price . At the time of selling , he allow certain discount and suffer a loss of 2%.Find the discount percentage

12%

12.25%

12.5%

13%

Explanation:

Let CP = 100
MP = 112
SP = 98
Discount percentage = ([112 – 98]/112)×100 = (14/112)×100 = 12.5%

By: Sandeep Dubey

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