Arithmetic Aptitudes › Percentage › Question #4560
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QA shopkeeper marks the price of his goods at 25% higher than the original price. After that, he allows a discount of 12%. What profit or loss does he get?

ID: #4560 Percentage 146 views
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#4560Q ID
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PercentageTopic
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  • A 10% profit ✔ ✖
  • B 15% profit ✔ ✖
  • C 10% loss ✔ ✖
  • D 25% loss ✔ ✖
Correct Answer

Explanation


To write this as an equation, 
we can define a variable "z" as the net percent change in value. 
Then we can set up the equation as follows:

z = (x + y + xy/100)%
= (25 - 12 + (-12 * 25)/100)%
= 10%

So the equation is:

z = 10%
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