Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

After giving 10 percent discount on an article there is still a profit of 10 percent. What will be the profit percentage when no discount is given?

Options:

22.22 percent

26.88 percent

16.66 percent

25 percent

Correct Answer:

22.22 percent

Explanation:

⇒ C.P : M.P = (100% - d%) : (100% + p%)

Therefore, 

⇒ C.P : M.P = (100% - 10%) : (100% + 10%)

⇒ C.P : M.P = 90% : 110% = 9 : 11

Profit% = \(\frac{2 × 100}{9}\) = 22.22%