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ibps-rrb-os1 2018 · Question 64 of 74

A shopkeeper marks his article 50% above the cost price and gives a discount of 20% on it. If he had marked his article 75% above the cost price and had given a discount of 20% on it, then find the earlier profit is what per cent of the profit earned latter?

Percentage

  1. A50%Correct
  2. B60%
  3. C% 3 1 33
  4. D40%
  5. E75%

Answer: A. 50%

Explanation

50% Let the C.P. of article be Rs.100. Case I ⇒ Marked price = Rs.150 Its S.P. Rs.120 100 80 150 = × = Rs.20 100 120 profit = − = Case II ⇒ Marked price = Rs.175 l = 15m a b b :21: Its S.P. Rs.140 100 80 175 = × = Rs.40 100 140 Profit = − = ∴ Required percent % 50 100 40 20 = × =

Source: IBPS RRB Officer Scale-I Exam 2018 (memory-based, BankAchievers) · memory-based

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