Take FREE!! Online Mettl Mock Test to Crack TechM and Other Companies Written Exams.
Get Off-Campus Placement Jobs Info !!!
Practice Tech Mahindra Essay Topics

HireMee Written Test Qs.(Quantitative Aptitude) :: Profit and Loss - Discussion

  • Previous
Home > HireMee Placement Questions & Answers > MCQs Questions Discussion

7 / 239

Choose the correct option.

A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320?





Answer: Option (Login/Signup)

Show Explanation

Solution: There are two selling prices equation equating them we will get the answer.

S.P on obtaining profit= S.P. on getting discount  ( let the C.P BE x)

125x/100 = 80/100 * 400

solving the equation we get x= 256 Rs that is the cost price. So Marked Price was 400

Therefore (400-256)/256 *100%  =56.25%

Asked In :: Nagarro HireMee

Post Your Answer Here:     

Rate This: +1 -0 +

Report Error

Please Login First Click Here