The marked price of a pen is 25 more than its cost price The pen is sold for Rs220 after a discounr ...........

Quantitative Aptitude (MTS) Profit and loss

The marked price of a pen is 25% more than its cost price. The pen is sold for Rs220 after a discounr of Rs30. What is the profit

percentage?

This questions was previously asked in

SSC MTS 20th July 2022 Shift-2

10%

15%

20%

17.5%

- The marked price of the pen is 25% more than its cost price.

- Let's denote the cost price as 'CP'. The marked price is then 1.25 times CP.

- After a discount of Rs 30, the pen is sold for Rs 220.

- This implies the marked price is Rs 220 + Rs 30 = Rs 250.

- We know, Marked price = 1.25 * CP, so Rs 250 = 1.25 * CP => CP = Rs 200.

- The selling price is Rs 220.

- The profit amount is Selling Price - Cost Price = Rs 220 - Rs 200 = Rs 20.

- Profit percentage = (Profit Amount / Cost Price) * 100 = (20/200) * 100 = 10%.

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