Profit and loss

Quantitative Aptitude ( CCS)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much per cent above the cost price were his wares listed ?

80%

90%

100%

120%

Explanation:

MP=120/(80/100)=150
Now he is selling 16 goods to a dozen(ie 12),
so his loss = {(16-12)/16} x100 = 25%.
Then the actual MP 150/(75/100)=200
Hence, he has marked the MP 100% above the CP.

By: MIRZA SADDAM HUSSAIN

Profile ResourcesReport error

Trial Period Ended