Quantitative Aptitude Ques 1021

Question: If the cost price of an item is two-fifth of its marked price and if it is sold at a discount of 10%, then there will be

Options:

A) 25% profit

B) 40% profit

C) 50% profit

D) 125% profit

Show Answer

Answer:

Correct Answer: D

Solution:

  • Let the MP be Rs. x. Then, $ CP=\frac{2}{5}x $ $ SP=( \frac{100-Discount}{100} )\times MP=( \frac{100-10}{100} )x=\frac{9x}{10} $ $ \text{Profit }%\text{ =}\frac{\frac{9x}{10}-\frac{2x}{5}}{\frac{2x}{5}}\times 100=\frac{9x-4x}{4x}\times 100 $ $ =\frac{5}{4}\times 100=125 $ %
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