PYQ Vault

Gain x% selling at y% discount on marked price; cost price changes by z%: new discount for the target profit

The same question, asked 2 times: 29 Jan 2022 Tier II*, 3 Feb 2022 Tier II. Every wording below, oldest first.

Try each one first, then open its answer.

  1. Question 1

    29 Jan 2022 Tier II

    73
    A trader gains 25% by selling an article with 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?

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  2. Question 2

    3 Feb 2022 Tier II

    50
    A dealer gains 20% by selling an article at 25% discount on its marked price. If the cost price of the article is decreased by 15%, how much discount percentage should he now give on the same marked price so as to earn the same percentage of profit as before?

    Tap an option to check your answer.