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Quantitative Aptitude

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Profit & Loss

Question
11 out of 25
 

A shopkeeper sold an article offering discount of 24% and earn a profit of 23.5%. What would have been the percentage of profit earned if no discount has been offered.



A 63%
B 62.50%
C 60%
D Can not be determined
E None of these

Ans. B Let C.P=100, Then S.P=123.5,

Let Marked Price be x Rs then x==162.50

So profit on Marked Price=162.50-100=62.50%

Profit & Loss Flashcard List

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