Profit And Loss Ques 26
Question.
A shopkeeper marks his article $50 \%$ above the cost price and gives a discount of $20 \%$ on it. If he had marked his article $75 \%$ above the cost price and had given a discount of $20 \%$ on it, then find the earlier profit is what per cent of the profit earned latter?
(1) $50 \%$
(2) $60 \%$
(3) $33 \frac{1}{3} \%$
(4) $40 \%$
(5) $75 \%$
(IBPS RRBs Officer CWE (Prelim Exam) 18.08.2018)
Show Answer
Correct Answer: (1)
Solution: (1)
Let the C.P. of article be Rs. 100.
Case I,
Marked price $=$ Rs. 150
Its S.P. $=\frac{150 \times 80}{100}=$ Rs. 120
Profit $=$ Rs. 20
Case II,
Marked price $=$ Rs. 175
Its S.P. $=\frac{175 \times 80}{100}=$ Rs. 140
Profit $=$ Rs. 40
$\therefore$ Required per cent $=\frac{20}{40} \times 100=50 \%$
BETA
