Discount Ques 2
Question
The ratio of cost price to the selling price of an article is $5: 6$. If $20 \%$ discount is offered on marked price of the article then marked price is what per cent more than cost price?
(1) $\frac{100}{3} \%$
(2) $50 \%$
(3) $40 \%$
(4) $\frac{200}{3} \%$
(5) $60 \%$
(IBPS Bank PO/MT CWE-VII (Prelim Exam) 15.10.2017)
Show Answer
Answer: (2)
Solution: (2)
Let the C.P. be Rs. 50.
$\therefore S . P=$ Rs. 60
If the marked price be Rs. $x$. then
$x \times \frac{80}{100}=60$
$\Rightarrow x=\frac{60 \times 100}{80}=$ Rs. 75
$\therefore$ Required per cent $=\left(\frac{75-50}{50}\right) \times 100$ $=\frac{25}{50} \times 100=50 \%$
BETA
