CUET Preparation Today
CUET
General Test
Numerical Ability
Profit and Loss
If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25%. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be: |
4% loss 4% profit 416% profit 416% loss |
416% profit |
Discount1 = 10% Discount 2 = 25% Let MP = 100. SP of the article = 100 × 90% = 90 CP of the article = 90 × 45 = 72 New SP of the article = 100 × 34 = 75 Profit percentage = \frac{(75 – 72) × 100}{72} = 4\frac{1}{6}\% |