Ramlal marks up his goods by 40% and gives a discount of 10%. What is his net profit percentage?

This question was previously asked in
SSC CGL 2023 Tier-I Official Paper (Held On: 21 Jul 2023 Shift 4)
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  1. 24%
  2. 26%
  3. 28%
  4. 32%

Answer (Detailed Solution Below)

Option 2 : 26%
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PYST 1: SSC CGL - General Awareness (Held On : 20 April 2022 Shift 2)
25 Qs. 50 Marks 10 Mins

Detailed Solution

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Calculation:

Let the cost price is Rs 100

Market price is 140

After 10% discount selling price is

⇒ 140 - 140× 10/100

140 - 14 = Rs 126

Net profit percentage is 26%

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