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    Question

    A shirt has a marked price of Rs. 3,200, which is Rs. 1,000

    more than its cost price. If it is sold with a profit of 20%, then what is the discount percentage?
    A 5 Correct Answer Incorrect Answer
    B 3 Correct Answer Incorrect Answer
    C 9 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price of the article = Rs. 3,200

    So, cost price of the article = 3200 – 1000 = Rs. 2,200

    Selling price of the article = 1.20 × 2200 = Rs. 2,640

    So, d = {(3200 – 2640)/3200} × 100 = 17.5%

    Therefore, value of ‘d’ = 17.5

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