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Q:

The marked price of a shirt is Rs 1280. If the shirt is being sold for Rs 900, then what is the discount percentage?

A) 31.31 B) 25.57
C) 29.68 D) 34.36
 
Answer & Explanation Answer: C) 29.68

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A) Rs. 2000 B) Rs. 2200
C) Rs. 2400 D) Data inadequate
 
Answer & Explanation Answer: A) Rs. 2000

Explanation:

Let C.P. be Rs. x.

 

Then,= >1920-xx*100=x-1280x*100

 

=>  1920 - x = x - 1280

 

=>  2x = 3200

 

=>  x = 1600

 

 Required S.P. = 125% of Rs. 1600 =Rs(125/100*1600) = Rs2000

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Filed Under: Profit and Loss