ABC26GN2830 · Profit and Loss

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

The cost price of an article is 64\% of the marked price. Calculate the gain percent after allowing a discount of 12\%.
(a)37.5\%
(b)48\%
(c)50.5\%
(d)52\%
Answer
Answer (as printed): A
Explanation
Let marked price = ₹ 100. Then, C.P. $=₹ 64 . \mathrm{S} . \mathrm{P}=₹ 88$. $$\therefore \quad \text { Gain } \%=\left(\frac{24}{64} \times 100\right) \%=37.5 \% \text {. }$$

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

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