Symbiosis National Aptitude Test SNAP 2013 Paper

Question : 19 of 150

Marks: +1, -0

A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He, then sold the articles by offering a discount of 10% on the labelled price. What is the actual per cent profit earned in the deal?

18%
15%
20%
None of these

Validate

Solution:

Let the cost price of the articles be ₹ 100
Marked Price = ₹ 130
After giving a discount of 10% the selling price of the articles = 0.9 × 130 = 117
So, actual profit per cent =

(117-100)/{100}

× 100 = 17 %

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