XAT 2023 — QA & DI Question 9
DiscountEasy
Rajnish bought an item at 25% discount on the printed price. He sold it at 10% discount on the printed price. What is his profit in percentage?
Answer & solution
- A
10
- B
15
- C
17.5
20
- E
None of the above
Solution
Let the printed price be Rs. 100.
Cost price for Rajnish after 25% discount = Rs. 75
Rajnish sold it at 10% discount in printed price i.e., at Rs. 90
∴ Required profit % = = = 20%
Hence, option (d).