ABC26GN2793 · Profit and Loss

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

If the S.P. of ₹ 24 results in a 20\% discount on list price, what S.P. would result in a 30\% discount on list price?

(a)₹ 18

(b)₹ 20

(c)₹ 21

(d)₹ 27

Answer

Answer (as printed): C

Explanation

Let the list price be ₹ $x$. Then, $\frac{80}{100} x=24 \Rightarrow x=\frac{24 \times 100}{80}=30$. $$\therefore \quad \text { Required S.P. }=70 \% \text { of } ₹ 30=₹ 21 .$$

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

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