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NTPC Graduate Tier 1 2025 Shift-2 📅 06 Jun, 2025

The marked price of a bed is ₹1,600, which is 25% above the cost price. It is sold at a discount of 16% on the marked price. Find the profit percentage.

A
5%
B
4%
C
6%
D
7%
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 06 Jun, 2025 • Shift-2
The marked price of a bed is ₹1,600, which is 25% above the cost price. It is sold at a discount of 16% on the marked price. Find the profit percentage.
Correct Answer
5%
Finding Cost Price: The marked price (MP) is ₹1,600, which is represented as 125% of the Cost Price (CP) due to a 25% markup. Setting up the equation: CP × 1......
💡 Analysis & Explanation
Finding Cost Price
The marked price (MP) is ₹1,600, which is represented as 125% of the Cost Price (CP) due to a 25% markup. Setting up the equation: CP × 1.25 = 1600. Solving for CP gives 1600 / 1.25 = ₹1,280.
Calculating Selling Price
The item is sold after a 16% discount on the marked price. So, Selling Price (SP) = MP × (100% - 16%) = 1600 × 0.84 = ₹1,344.
Determining Profit Margin
The net monetary profit is SP - CP = 1344 - 1280 = ₹64.
Final Percentage
Profit Percentage is (Profit / CP) × 100 = (64 / 1280) × 100. This simplifies beautifully to 5%.
Conclusion
The calculated profit percentage is 5%.