ABC26GN2850 · Profit and Loss

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

Even after reducing the marked price of a transistor by ₹ 32, a shopkeeper makes a profit of 15\%. If the cost price be ₹ 320, what percentage of profit would he have made if he had sold the transistor at the marked price?

(a)10\%

(b)20\%

(c)25\%

(d)None of these

Answer

Answer (as printed): C

Explanation

C.P. $=₹ 320$, Profit $=15 \%$. S.P. $=₹\left(\frac{115}{100} \times 320\right)=₹ 368$. Marked price $=₹(368+32)=₹ 400$. $$\therefore \quad \text { Required profit } \%=\left(\frac{80}{320} \times 100\right) \%=25 \% .$$

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

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