SSC CPO SI and ASI 2016 Paper

Question : 101 of 200

Marks: +1, -0

Quantitative Aptitude

A trader lists his article 20% above the cost price and allows a discount of 10% on cash payment. His gain per cent is

Solution:

(3) Let the C.P. of article be Rs. 100.
The listed price will be Rs. 120.
Now, selling price will be,

120 × {90}/{100}=Rs. 108

So, the profit percentage is

{108-100}/{100} × 100=8 \%

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