ABC26GN2839 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:

A manufacturer marked an article at ₹ 50 and sold it allowing 20\% discount. If his profit was 25\%, then the cost price of the article was

(a)₹ 30

(b)₹ 32

(c)₹ 35

(d)₹ 40

Answer

Answer (as printed): B

Explanation

S.P. $=80 \%$ of ₹ $50=₹\left(\frac{80}{100} \times 50\right)=₹ 40$. Profit $=25 \%$. $$\text { ∴ C.P. }=₹\left(\frac{100}{125} \times 40\right)=₹ 32 .$$

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

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