A shopkeeper marks goods 20% above cost and offers 10% discount. What is the profit percent?
- A8%
- B10%
- C12%
- D15%
Reveal answer
Correct answer
A.8%
Reveal solution
SP = 1.20 × 0.90 × CP = 1.08 × CP → profit = 8%.
IPMAT Indore 2024 · Question 4 of 15 · Quantitative Aptitude