Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an item is 25% more than its selling price. The selling price of the same item is 20% more than its cost price. The marked price of that item is what percentage more than its cost price?

Options:

45%

35%

50%

40%

Correct Answer:

50%

Explanation:

Let the cost price of the article = 100

according to the question,

Profit = 20%

Selling price of the article = 120

and it is given that the marked price of the article is 25% more than the selling price so,

100% of SP = 120

125% of the SP = 150 = Marked perice

Markup % = ( 150 - 100) × \(\frac{100}{100}\) = 50%