RRB Group D Model Paper 4 with solutions

Question : 17 of 100

Marks: +1, -0

The cost price of an article is 60% of its marked price for sale. How much percent does the tradesman gain after allowing a discount of 16%?

Validate

Solution:

(2) Let M.P. of an article be = ₹ 100
C.P. of an article = 60% of 100 = ₹ 60
S.P. of an article = 84% of 100 = ₹ 84
Profit = 84 – 60 = ₹ 24
Gain percentage =

24/60

× 100 = 40%

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