hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    After giving 10 percent discount on an article there is still a profit of 10 percent. What will be the profit percentage when no discount is given?
    Question

    After giving 10 percent discount on an article there is still a profit of 10 percent. What will be the profit percentage when no discount is given?

    A.

    35 percent

    B.

    33.33 percent

    C.

    22.22 percent

    D.

    66.67 percent

    Correct option is C

    Given:
    Discount given = 10%
    Profit when 10% discount is given = 10%
    Formula Used:
    Selling Price with discount = (100 - Discount)% of Marked Price (MP)
    Selling Price with no discount = Marked Price (MP)
    Profit Percentage when no discount = [(Selling Price - Cost Price) / Cost Price] * 100
    Solution:
    Let the Cost Price (CP) = Rs. 100
    Selling Price (SP) with 10% profit and 10% discount:
    Selling Price = CP * (1 + Profit Percentage)
    So, SP with discount = Rs. 110
    SP without discount = Marked Price (MP) / (1 - Discount Percentage) = Rs. 122.22
    Profit when no discount = (122.22 - 100) / 100 * 100 = 22.22%

    Free Tests

    Free
    Must Attempt

    SSC GD PYP (Held on 4 Feb 2025 S1)

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    Hindi Section Test 1

    languageIcon English
    • pdpQsnIcon20 Questions
    • pdpsheetsIcon40 Marks
    • timerIcon12 Mins
    languageIcon English
    Free
    Must Attempt

    SSC GD Constable Full Mock Test 1

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘SSC GD’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow