Previous year MCQs

Aptitude & Reasoning UPPSC 2010 GS-I
Question

The marked price of a table is Rs. 2,000, which is 25% above the cost price. If the shopkeeper sells the table at 8% discount on the marked price, his percentage of profit would be:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: 16%

Detailed Solution:

The correct answer is “16%”.
Thee percentage of profit made by the shopkeeper would be 15%.

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