Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 83

Q.  Shweta buys a product at 25% discount rate. At what % over the cost price should she sell the product to make an overall 25% profit over the listed price?
- Published on 15 Jun 15

a. 25
b. 33.333
c. 66.667
d. 40

ANSWER: 66.667
 
Let listed price of the product be x

Hence at 25% discount rate the Cost Price will become: 3x/4

Now to make an overall profit of 25% over listed price:

SP = CP+(25/100)CP

=> SP = x+x/4

=>SP = 5x/4

=>Selling Price over Cost price: (5x/4)-(3x/4)

=>x/2

=>%Selling price over Cost price: (x/2)/(3x/4)*100

=>66.67%

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