Home PYQs UPPSC UPPSC MCQs Prelims 2010 (GS Paper I)

Question

The marked price of a table is Rs. 2,000, which is 25% above the cost price. If the shopkeeper sells the table at 8% discount on the marked price, his percentage of profit would be:

  1. 14%
  2. 15%
  3. 16%
  4. 20%

Answer:

Option C: 16%

Detailed Solution:

The correct answer is “16%”.

Thee percentage of profit made by the shopkeeper would be 15%.