Discount Ques 4
Question
An article was purchased for $ \text{₹} $ 78,350 . Its price was marked up by $30 \%$. It was sold at a discount of $20 \%$ on the marked up price. What was the profit percent on the cost price?
(1) $4 \%$
(2) $7 \%$
(3) $5 \%$
(4) $3 \%$
(5) $6 \%$
(IBPS Bank PO/MT CWE 17.06.2012)
Show Answer
Answer: (1)
Solution: (1)
Gain per cent ($\%$ change) $=\left(30-20-\frac{30 \times 20}{100}\right) \%=4 \%$
BETA
