Apedia Logo Apedia
Join

Choose Language

Select your preferred reading language
🇬🇧
English
✔
🇮🇳
हिन्दी
✔
✕
Full View
Profit and Loss
Discount and Markup
EN हिंदी
✕
NTPC Graduate Tier 1 2025 Shift-3 📅 06 Jun, 2025

An article was bought for ₹8,100. Its price was marked up by 40%. Thereafter it was sold at a discount of 15% on the marked price. What was the percentage profit on the transaction?

A
20%
B
17%
C
18%
D
19%
Result Summary
Logo

APEDIA

NTPC Graduate Tier 1
2025 • 06 Jun, 2025 • Shift-3
An article was bought for ₹8,100. Its price was marked up by 40%. Thereafter it was sold at a discount of 15% on the marked price. What was the percentage profit on the transaction?
Correct Answer
19%
Independent Percentage Change Concept: The percentage profit depends solely on the successive percentage changes applied to the cost price (markup and then disc......
Ref/Book : NTPC Graduate Tier 1 2025
Ref. Subject Profit and Loss
Chapter -
Ref. Topic Discount and Markup
Pg. No -
💡 Analysis & Explanation
Independent Percentage Change Concept ▼
The percentage profit depends solely on the successive percentage changes applied to the cost price (markup and then discount), rendering the actual initial cost price (₹8,100) mathematically irrelevant for finding the final percentage.
Successive Percentage Formula ▼
The net percentage change can be calculated using the formula: $A + B + (A \times B)/100$, where A is the markup (+40%) and B is the discount (-15%).
Calculation Steps ▼
Net Profit % = $40 - 15 + (40 \times -15) / 100 = 25 - (600 / 100) = 25 - 6 = +19\%$.
Conclusion ▼
The positive result indicates a net profit of exactly 19%.
← Prev
56 / 100
Next →