SSC CPO SI and ASI Model Paper 9

Question : 115 of 200

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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