Latest MBA Aptitude Question SOLUTION: The magnitude of profit is one third of the discount.If the discount offered is 37.5% what is the profit percentage??

1) 20%
2) 25%
3) 40%
4) 12.5%

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(#M40014090) MBA Numerical Ability question averages, percentages, profit loss and interest Keep an EYE

The magnitude of profit is one third of the discount.If the discount offered is 37.5% what is the profit percentage??

1) 20%
2) 25%
3) 40%
4) 12.5%

Asked In MBA (11 years ago)

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Read Solution (2) :

Chanchal  (11 years ago)

Let the Marked price be Rs 100, Discount=37.5%, i.e Dsct. = Rs 37.5, Therefore Profit = Rs (37.5)/3 = Rs 12.5.
Now SP = MP-discount =(100-37.5)= Rs 62.5
Therefore CP = SP-profit = 62.5-12.5 = Rs 50.
So Profit % = (profit/CP) * 100
i.e P% = (12.5*100)/50 = 25%
So 2nd option is correct.

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Noel C Mathew  (5 years ago)

37.5% divided by 3 is 12.5%

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