Quantitative Aptitude Ques 1901
Question: A cycle dealer offers a discount of 10% and still makes a profit of 26%. What does he pay for a cycle whose marked price is Rs. 840?
Options:
A) Rs. 600
B) Rs. 650
C) Rs. 700
D) Rs. 750
Show Answer
Answer:
Correct Answer: A
Solution:
- Discount percent = 10 and marked price = Rs. 840
$ \therefore $ Selling price $ =\frac{(100-Discountpercent)\times Markedprice}{100} $ $ =\frac{90\times 840}{100}=Rs\text{.}756 $ Now, dealer still gains a profit of 26%.
$ \therefore $ CP of cycle $ =\frac{100\times SP}{100+Profitpercent} $ $ =\frac{100\times 756}{(100+26)}=\frac{75600}{126}=Rs.600 $
BETA
