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Aptitude · Q96

True Discount

Competitive Exams · Aptitude · question 96

Q96

Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji who sells it for Rs. 20, more than what he purchased for, this selling price is 30% more then the original cost price of the article. Then Balaji's profit % is = ?

A.
7.5%
B.
6.66%
C.
8.33%
Answer
D.
9%

Answer: Option C

Solution

Answer: Option C
Solution:
Let original cost price = 100 units

Note: There is no use of Rs. 20 given in the question