Railways PYQCBT 1 2020

RRB NTPC · Question 32

The cost price of an article is 75% of the marked price. If a discount of 15% is allowed, then the profit or loss percentage is:

  1. 12.44% loss

  2. 15% profit

  3. 15.55% loss

  4. 13.33% profit

Show answer & explanation

Answer: (D) 13.33% profit

Explanation

Let MP = 100. CP = 75 and SP = 85 (15% discount). Profit = 10 on 75 = 13.33%.