alleryStart learning →Marked 500, cost 300. What discount percent still gives 20% profit?
A24%
B32%
C28%
D30%
Answer & Solution
Correct answer: C. 28%
Sale price must be 360, so the discount is 140 out of 500, which is 28 percent.
Keep practising Discount
Browse all Discount questions for SSC CGL, or explore more Quantitative Aptitude topics.
Related questions
Discount equals the marked price minus theSales tax collected by a shopkeeper from customers is finally paid toWhen a seller and buyer negotiate a price below the original selling price, it isA price cut given when an order is placed in a slack period is called aTrade-in credit is a discount granted forA cumulative quantity discount depends onUnder payment terms 2/10 net 30, what discount applies for payment within 10 days?What is the main purpose of a prompt payment discount?