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CLAT Sample Paper CLAT Sample Paper-6

  • question_answer
    On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.

    A)  50%         

    B)  40%

    C)  66.66%       

    D)  60%

    Correct Answer: A

    Solution :

    Let the cost price and marked price of the article be x and y, respectively. Case I Successive discounts of 20% and 25% Selling price of the article of (0.8) (0.75) y = 0.6y Therefore, 0.6y = 1.2x   or    y = 2x Case II A single discount of 25% Selling price of article = 0.75y= 1.5 x Net profit per cent \[=\left[ \frac{(1.5x-x)}{(x)} \right]\times 100=50%\]


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