Question 72

If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

Name: If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?
Uploaded: July 3, 2020, 10:17 a.m.
Duration: 1 min 47 s
Description: If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

Solution

Let the retail price be M and cost price be C.

Given,

0.85 M = 1.02 C

M = 1.2 C

If he wants 20% profit he has to sell at 1.2C, which is nothing but the retail price.

Share on Whatsapp Share on Whatsapp

Boost your CAT prep: Take All-India 3 free CAT mock tests with Video solutions

Video Solution

Click on the Email ☝️ to Watch the Video Solution

Create a FREE account and get:

All Quant CAT complete Formulas and shortcuts PDF
35+ CAT previous year papers with video solutions PDF
5000+ Topic-wise Previous year CAT Solved Questions for Free

CAT Quant Questions | CAT Quantitative Ability

CAT Time Speed Distance Questions CAT Functions, Graphs and Statistics Questions CAT Linear Equations Questions CAT Coordinate Geometry Questions CAT Algebra Questions

CAT DILR Questions | LRDI Questions For CAT

CAT Special Charts Questions CAT 2D & 3D LR Questions CAT Maxima-Minima Questions CAT Miscellaneous LR Questions CAT Selection With Condition Questions

CAT Verbal Ability Questions | VARC Questions For CAT

CAT Miscellaneous Questions CAT Critical Reasoning Questions CAT Para Summary Questions CAT Odd One Out Questions CAT Vocabulary Questions

Also Read

CAT Mock Tests

CAT 2025 Course

Free CAT Preparation

CAT Questions

CAT Formulas PDF

CAT Study Material

CAT Score vs Percentile

CAT Percentile Predictor

CAT Sectional Tests

CAT Exam

CAT Prep Videos

CAT Registration

CAT Syllabus 2025

CAT Eligibility Criteria

CAT Admit Card

CAT Score Calculator

CAT 2017 QA Slot 1 Question

If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

Video Solution

CAT Quant Questions | CAT Quantitative Ability

CAT DILR Questions | LRDI Questions For CAT

CAT Verbal Ability Questions | VARC Questions For CAT

Also Read

Free CAT Quant Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account

Get Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!