Profit and loss

Quantitative Aptitude (CGL)

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If Joel sells an article at 4/5th of its selling price and secures a profit of 20%, what will be the profit or loss percentage if he sells it at the actual selling price?

45%

60%

50%

56%

Explanation:

Solution:
Let CP is Rs100
Profit 20% Means ==> 120.
120=4/5SP==>SP =150.
Then profit %ge is 50%

By: Pranav Gupta

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