Quantitative Aptitude Ques 928

Question: The cost price of an article is 64% of the marked price. The gain percentage after following a discount of 12% on the marked price is

Options:

A) 37.5%

B) 50.5%

C) 48%

D) 52%

Show Answer

Answer:

Correct Answer: A

Solution:

  • Let marked price of article = Rs. 100 Then, 64% of 100 = 64

$ \therefore $ CP of article = Rs. 64 and SP of article = Rs. 64 $ Profit%=\frac{SP-CP}{CP}\times 100% $

$ \therefore $ $ =,\frac{88-64}{64},\times ,100 $ % = 37.5%