SSC CGL Model Paper 12

Question : 54 of 100

Marks: +1, -0

The marked price of an article is 20% more than its cost price. If 5% discount is given on the marked price, then what is the profit percentage?

Solution:

Let the cost price of the article = 7100
Marked price

=100×120/100=120

and selling price

=120×95/100=114

∴ Required profit percentage

={114-100}/100×100=14%

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