arrow
arrow
arrow
The marked price of an article is 40% above its cost price. If its selling price is 73½% of the marked price, then the percentage profit is:
Question

The marked price of an article is 40% above its cost price. If its selling price is 73½% of the marked price, then the percentage profit is:

A.

2.9%

B.

2.7%

C.

2.6%

D.

2.5%

Correct option is A

Given:
​Marked price is 40% above the cost price.
Selling price is 73½% (or 73.5%) of the marked price.
Formula Used:
Profit percentage = ProfitCost Price×100,\frac{\text{Profit}}{\text{Cost Price}} \times 100,​​
where Profit = Selling Price - Cost Price.

Solution: 

Let the cost price (CP) be 100. 

Free Tests

Free
Must Attempt

SSC CGL T-I Similar Paper (Held on 12 Sep 2025 S2)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

SSC CGL T-I GA Section Test 01

languageIcon English
  • pdpQsnIcon25 Questions
  • pdpsheetsIcon50 Marks
  • timerIcon15 Mins
languageIcon English
Free
Must Attempt

SSC CGL T-I Full Mock Test 1 (Exam Level)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon60 Mins
languageIcon English
test-prime-package

Access ‘SSC CGL Tier I’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
383k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow