Quantitative Aptitude Ques 2369
Question: While selling, a businessman allows 40% discount on the marked price and there is a loss of 30%. If it is sold at the marked price, then profit per cent will be
Options:
A) 10%
B) 20%
C) $ 16\frac{2}{3} $ %
D) $ 16\frac{1}{3} $ %
Show Answer
Answer:
Correct Answer: C
Solution:
- Let MP of an article be Rs. x.
$ \therefore $ SP of-an article $ =\frac{x\times (100-40)}{100}=Rs.\frac{3x}{5} $ CP of an article $ =\frac{3x}{5}\times \frac{100}{100-30}=\frac{3x}{5}\times \frac{100}{70}=Rs.\frac{6x}{7} $
$ \therefore $ Profit when sold at MP $ =( x-\frac{6x}{7} )=Rs.\frac{x}{7} $ Hence, profit per cent $ =,\frac{\frac{x}{7}}{\frac{6x}{7}}\times 100 $ % $ =\frac{50}{3} $ % $ ,=16\frac{2}{3} $ %
BETA
