XAT 2023 Question Paper | Quantitative Aptitude and Data Interpretation

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Question 3 : 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?

Video Explanation

Explanatory Answer

Let’s assume that the printed price is ₹ 100.
Cost Price = 25% discount on the printed price = ₹ 75.
Selling Price = 10% discount on the printed price = ₹ 90.
Profit = SP - CP = ₹ 90 - ₹ 75 = ₹ 15
Profit % = \( \frac { 15 } { 75 } \times 100 \) = 20%

The question is " 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? "

Hence, the answer is '20'

Choice D is the correct answer.

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