Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

0%The marked price of a table is 130% of its cost price. A discount of 20% is given on the sale of the table. What will be the profit percentage?

Options:

6%

8%

5%

4%

Correct Answer:

4%

Explanation:

Let the cost price = 100

Then the marked price = 130% of 100 = 130

Discount = 20%

Selling price = 80% of the marked price = 80% 0f 130 = 104

So the profit % = (104 - 100) × \(\frac{100}{100}\) = 4%