Railways Quantitative Aptitude Profit and Loss Sample Paper Profit and Loss Sample Test Paper-9

  • question_answer
    What percent above cost price must the price of an article be marked to make a profit of 8% after allowing a discount of 10%?

    A)  10%    

    B)         12%

    C)  25%                

    D)  20%

    Correct Answer: D

    Solution :

    [d] Marked percentage above CP \[=\frac{Discount%+\text{Profit}%}{100-Discount%}\times 100\] \[=\frac{10+8}{100-10}\times 100\] \[=\frac{18}{90}\times 100=20%\]


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