Quantitative Aptitude Ques 2484

Question: The printed price of an article is 40% higher than its cost price. Then, the rate of discount, so that he gains 12% profit is

Options:

A) 20%

B) 15%

C) 21%

D) 18%

Show Answer

Answer:

Correct Answer: A

Solution:

  • Let the cost price of the article be Rs. 100. Then, printed price = Rs. 140 and selling prices $ =100\times \frac{12}{100}+100 $ $ =100+12=Rs.112 $ Discount $ =140-112=28 $ Discount% $ =\frac{28}{140}\times 100=20 $ %
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