Quantitative Aptitude Ques 1397

Question: Even after reducing the marked price of a pen By Rs. 32, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit does he make if he sells the pen at the marked price?

Options:

A) 25%

B) 20%

C) 10%

D) 30%

Show Answer

Answer:

Correct Answer: A

Solution:

  • $ SP=\frac{115}{100} $ $ CP=\frac{115}{100}\times 320=368 $ $ SP=MP-32 $ $ MP=SP+32 $ $ =368+32=400 $ Profit % = $ \frac{100-320}{320},\times , $ 100 = 25%
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