SarkariPYQ

SSC MTS 2023 PYQ — Question 1

SSC MTS - 09 May 2023 - Shift 1 • Quantitative Aptitude • Q1

Back to paper

The marked price of an article is 160 percent of the cost price. If 20 percent discount is given, then what will be the profit percentage?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 28 percent.

Given that

M.P = 160% of C.P

Let C.P be x

S.P after the discount = 0.8 × 1.6 × x = 1.28x

Profit = 1.28x - x = 0.28x

Profit percentage = 0.28xx\frac{0.28x}{x}  × 100 = 28%