Railways PYQCBT 1 2016

RRB NTPC · Question 35

A trader marked 50% higher price on an article and later gave 20% discount on it. What percentage of profit did the merchant get after giving a discount? A. 30% B. 125% C. 25% D. 20%

  1. A

  2. B

  3. C

  4. D

Show answer & explanation

Answer: (D) D

Explanation

Take CP = 100. Marked price = 150; after a 20% discount, SP = 120. Profit = 20%.