Take FREE!! Online AMCAT Mock Test to Crack Wipro NLTH, Capgemini, etc.
Get Off-Campus Placement Jobs Info !!!
Practice Given Here Wipro NLTH Practice Q&A

Quantitative Aptitude :: Profit and Loss - Discussion

Home > Quantitative Aptitude > Profit and Loss > MCQs Questions Discussion

37 / 121

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?

A50%

B66.67%

C62.50%

D56.25%

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:     

Reply    
Rate This: +1 -0 +
    Report


Report Error

Please Login First Click Here