MBA
Exam
Numerical Ability
Profit and Loss
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%
Read Solution (Total 2)
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- 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. - 11 years agoHelpfull: Yes(0) No(1)
- 37.5% divided by 3 is 12.5%
- 6 years agoHelpfull: Yes(0) No(0)
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