SSC CPO 2019 PYQ — Question 142

SSC CPO Tier I - 12th March 2019 - Shift 1 • Quantitative Aptitude • Q142

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?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. (25/6)% profit

Application

Let the Marked price of the article = Rs.100 
Discount = 10% 
∴ Selling price = 90% of Rs.100 = Rs.90, Profit = 25%

⇒ cost price = (90 × 100)/125 = 72

If the discount is 25% then selling price = 75

∴ Required profit % = [(75 - 72)/72] × 100 = 25/6%