Multiple Choice Questions on A cell phone was marked at 20 above the cost price and a discount of 10 was given on its marked pric........... for SSC CGL Exam Preparation

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Multiple Choice Questions

A cell phone was marked at 20 above the cost price and a discount of 10 was given on its marked pric...........

Quantitative Aptitude (CGL) Profit and loss
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    A cell phone was marked at 20% above the cost price and a discount of 10% was given on its marked price. What is the profit  percentage?

    This questions was previously asked in
    SSC CGL 9th March 2020 Shift-3
    View All ssc Previous Year Papers

    10%

    Incorrect Answer

    8%

    Correct Answer

    11%

    Incorrect Answer

    9%

    Incorrect Answer
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    Explanation:

    Let the cost price be 100.
    Marked price = 100 120/100 = 120
    Discount = 10%
    Selling price = 120 $$\times 90/100 = 108
    Profit = 108 - 100 = 8
    Profit percentage =8/100 =  100 = 8%

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