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Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-27

  • question_answer
    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                                                                                                                          [SSC (CGL) 2011]

    A) 37.5%

    B) 50.5%

    C) 48%                 

    D) 52%

    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
    \[\text{Profit}\,\,%=\frac{SP-CP}{CP}\times 100%\]
    \[\therefore \]      \[=\,\frac{88-64}{64}\,\times \,100\]% = 37.5%
     


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