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ibps-so 2019 · Question 125 of 300

A trader who enjoys a cash credit limit with the branch has furnished the following particulars of his pricing. A shopkeeper marks an article at a price 40 per cent above its cost price and then allows a discount of 25 per cent upon the marked price. What is his pro t per cent upon the transaction?

  1. A4%
  2. B4.5%
  3. C6%
  4. D5%Correct
  5. E7.5%

Answer: D. 5%

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Prelims Memory Based 2019 (held 28 Dec 2019, Shift 1) - Prepp · memory-based

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