Question
The cost price of an article is 100. Find the profit made by selling it.
A. Ten percent discount was given on the list price and the profit percentage made is 25 percentage points more than the discount percent.
B. List price is Rs.180 and profit percent is 1/5th of the mark up percentage.
A. Ten percent discount was given on the list price and the profit percentage made is 25 percentage points more than the discount percent.
B. List price is Rs.180 and profit percent is 1/5th of the mark up percentage.
Answer: Option C
:
C
Option (C) From A profit % is 35% (i.e. 10 +25) => profit = Rs.35From B Markup% = 80%profit % = 1/5 x 80 = 16%profit = Rs.16Either statement is sufficient
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:
C
Option (C) From A profit % is 35% (i.e. 10 +25) => profit = Rs.35From B Markup% = 80%profit % = 1/5 x 80 = 16%profit = Rs.16Either statement is sufficient
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