RRB Junior Engineer Stage 1 Model Papers 10

Question : 10 of 98

Marks: +1, -0

At what percent above the cost price must a person mark the price of an article so that he can enjoy 20% profit after allowing 20% discount?

Solution:

Let C.P = ₹ 100 Then S.P = ₹ 120
Let marked price be x
Then,
80% of x = 120

∴x=({120×100}/80)=150

∴ Marked price = 50% above C.P

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