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- Quantitative Aptitude
7.Profit and Loss
medium
The marked price of an article is $Rs.\, 5000.$ But due to a special festive offer a certain per cent 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 $11 \frac{1}{9} \%$. The percentage of discount allowed was
A
$10$
B
$3 \frac{1}{3}$
C
$7 \frac{1}{2}$
D
$11 \frac{1}{9}$
Solution
$M.P$ $=₹ 5000=$ $S.P$
$P \%$ of $Mr . X =11 \frac{1}{9}$
$C.P$ for $Mr.$ $X =\frac{5000}{111.11 \%}$
$=Rs. 4500$
Discount $\%=\frac{5000-4500}{5000} \times 100=10 \%$
Standard 13
Quantitative Aptitude
