SSC CGL 7 06 2019 Shift 2 Paper

Question : 55 of 100

Marks: +1, -0

A dealer buys an article at a discount of 20% on its list price and marks it at 25% above the list price. If he allows a 20% discount on the new list price, then the profit percent is:

Validate

Solution:

Let list price be

100 \ {x}

cost price

=80 \ {x}

New selling price

=100 \ {x} \× \ {5}/{4} \×\ {4}{5}=100 \ {x}

New profit

=\ {20 \ {x}}/{80 \ {x}} \×100 \%=25 \%

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