Home » Aptitude » Profit and Loss » Question
  1. The marked price of an article is Rs. 5000. But due to a special festive offer a certain percent of discount is declared. Mr. X availed this opportunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of (100 / 9) %. The percentage of discount allowed was
    1. 10
    2. 3
      1
      3
    3. 7
      1
      2
    4. 11
      1
      9

Correct Option: A

Let the C.P. for Mr. X = Rs. y
According to the question,

100 + 100% of y = 5000
9

⇒ y ×
1000
= 5000
900

⇒ y =
5000 × 900
= Rs. 4500
1000

∴ C.P. for Mr. X = Rs. 4500
∴ Discount = Rs. (5000 – 4500) = Rs. 500
∴ Discount percent =
500
× 100 = 10%
5000



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