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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    The cost price of an article is 64% of the marked price. The gain percentage after allowing) discount of 12% on the marked price is

    A) 37.5

    B) 48

    C) 50.5

    D) 52

    Correct Answer: A

    Solution :

    [a] Let MP of the article = Rs. x \[\therefore \] CP of the article \[=\frac{x\times 64}{100}=\text{Rs}.\,\,\frac{16x}{25}\] and SP of the article             \[=\frac{x\times (100-12)}{100}=\text{Rs}.\,\,\frac{x\times 22}{25}\] \[\Rightarrow \] Profit \[=\left( \frac{25x}{25}-\frac{16x}{25} \right)=\text{Rs}\text{.}\,\,\frac{6x}{25}\] Hence, profit per cent                      \[=\frac{\frac{6x}{25}}{\frac{6x}{25}}\times 100%=\frac{6\times 100}{16}=37.5%\]


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