Multiple Choice Questions on A merchant changed his trade discount from 25 to 15 This would increase selling price by ........ for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    A merchant changed his trade discount from 25% to 15%. This would increase selling price by

    3?%

    Incorrect Answer

    6?%

    Incorrect Answer

    13?%

    Correct Answer

    16?%

    Incorrect Answer
    Explanation:

    For discount of 25% to 15%, selling price moves from 75% to 85%.
    Hence, % change in SP= (85-75)*100/75 =  13?%.


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