ABC26GN2784 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A T-shirt bought for ₹ 50 is marked at 8 percent profit and then sold at a 10 percent sales discount on marked price. What is the selling price of the T-shirt?

(a)₹ 48

(b)₹ 50

(c)₹ 52

(d)None of these

Answer

Answer (as printed): D

Explanation

C.P. $=₹ 50$ M.P. $=108 \%$ of $₹ 50=₹\left(\frac{108}{100} \times 50\right)=₹ 54$. Discount $=10 \%$ of ₹ $54=₹ 5.40$. $$\text { ∴ S.P. }=₹(54-5.40)=₹ 48.60 \text {. }$$

Explanation as extracted from the printed page; notation may be imperfect.

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