SSC CHSL 6 Dec 2015 Shift 1 Paper

Question : 143 of 200

Marks: +1, -0

Mohan purchased a bag with 20 percent discount on the tab called price. He sold it with 40 percent profit on the price he bought. The percentage of profit on the labelled price is:

Validate

Solution:

Let Marked price = Rs. 100
Discount % = 20%
⇒ Mohan's cost price =

100-(20/100×100)=Rs. 80

Profit % = 40%
⇒ Selling price =

80+(40/100×80)

= 80 + 32 = Rs. 112
∴ Percentage of profit on the labelled price =

(112−100)/100×100=12%

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