NIACL Model Paper 10 with solutions for free online practice

Question : 32 of 100

Marks: +1, -0

How much per cent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after giving a discount of 12% on the marked price?

52%
50%
55%
56%
None of these

Validate

Solution:

100 and its marked price be Rs. x.
According to the question,
(100-12)% of x = 132
⇒

x×88/100=132

⇒ x=

{132×100} / 88

= Rs. 150 i.e. 50% above the C.P.

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