Question 89

After allowing a discount of 20% on Marked price Kishore makes a profit of 12%. What percentage is the Marked price above the Cost price?

Solution

Share

Let the C.P be Rs 100

P = 12%

S.P = Rs 112

Discount = 20%

Now let M.P be Rs x

Then,

$$x\times\frac{80}{100}=112$$

$$x=140$$

Hence M.P is (140-100) = 40% above the cost price.

Create a FREE account and get:

  • Download RRB Study Material PDF
  • 45+ RRB previous papers with solutions PDF
  • 300+ Online RRB Tests for Free