Question
A merchant fixes the sale price of his goods at 25%
above the cost price. He sells his goods at a 5% discount marked price. His percentage of profit (rounded off to the nearest integer) is:Solution
Let CP =100 MP /CP = (100+P/L)/(100-D) 125/100= (100+x)/95 400+4x =475 4x=75 x =18.75 So, P% = 18.75% So, the answer will be 19%.
More Profit and loss Questions
The National Health Authority (NHA) announced 100 microsite projects to accelerate the adoption of the Ayushman Bharat Digital Mission (ABDM) nationwide...
- On which date was 'World Veterinary Day' recently observed?
- Which state team emerged victorious in the 15th Hockey India Senior Men National Championship 2025?
In 2024, when Australia secured their fourth title by defeating India in the final, which edition of the ICC Under-19 Men's Cricket World Cup was it?
- Which Indian Prime Minister was the first to lead a coalition government at the national level?
- On which date is Zero Discrimination Day observed annually across India?
Where is the Guru Ghasidas-Tamor Pingla Tiger Reserve located?
Match the following initiatives with their objectives:
- According to Ashokan Inscriptions, which of the following was NOT a provincial center in the Mauryan Empire?
Where is the 9th Garuda Shakti 2024 exercise conducted?
Relevant for Exams:
