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SSC MTS - 09 May 2023 - Shift 1

9 May 2023 • 90 questions

Mock testSource label: Test Series

Question 1 / 90

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%

 

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