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Quantitative Aptitude
Profit and Loss
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NTPC Graduate Tier 1 2025 Shift-3 📅 05 Jun, 2025

An article was bought for ₹1,300. Its price was marked up by 35%. Thereafter it was sold at a discount of 20% on the marked price. What was the percentage profit on the transaction?

A
7%
B
10%
C
6%
D
8%
Result Summary
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NTPC Graduate Tier 1
2025 • 05 Jun, 2025 • Shift-3
An article was bought for ₹1,300. Its price was marked up by 35%. Thereafter it was sold at a discount of 20% on the marked price. What was the percentage profit on the transaction?
Correct Answer
8%
[Baseline Establishment]: To find solely the percentage profit, the actual numerical cost (₹1,300) is mathematically redundant. We can simply assume the basel......
Ref/Book : NTPC Graduate Tier 1 2025
Ref. Subject Quantitative Aptitude
Chapter -
Ref. Topic Profit and Loss
Pg. No -
💡 Analysis & Explanation
[Baseline Establishment] ▼
To find solely the percentage profit, the actual numerical cost (₹1,300) is mathematically redundant. We can simply assume the baseline Cost Price (CP) to be a clean 100 units for easier percentage tracking.
[Markup Calculation] ▼
The price was hiked by 35%. Therefore, the new Marked Price (MP) becomes 100 + 35 = 135 units.
[Discount Application] ▼
A 20% discount is applied strictly on this Marked Price. The discount amount is 20% of 135, which equals 27 units.
[Final Revenue & Profit] ▼
The Selling Price (SP) is the Marked Price minus the discount: 135 - 27 = 108 units. Since the original CP was 100 and the final SP is 108, the sheer increase is 8 units on a base of 100.
Conclusion ▼
The transaction results in a neat 8% net profit.
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