Practice30Create account

A shoe store prices sneakers 45% above cost and then sells them at 20% off. What profit percent does it make?

Competition practiceProfit, Loss & Discount
  • A16
  • B25
  • C20
  • D12

Step-by-Step Solution

Take cost = 100. Marked price = 145; selling price = . Profit = 16%.
Answer: A) 16

Master this topic in 30 minutes a day.

Don't just memorise the answer — build a daily practice habit.

Practice 5 Similar Questions Free →

All Profit, Loss & Discount practice questions

More Profit, Loss & Discount practice

A invests ₹8000 for 6 months and B invests ₹6000 for 8 months in a business. In what…By selling an article for ₹720, a man loses 10%. At what price (in ₹) should he sell it…A fruit seller buys mangoes for ₹1,600 and has to sell them for ₹1,360. What is his loss…By selling an article for ₹1440, a man incurs a loss of 10%. At what price should he…Goods are marked 50% above cost and then sold after two successive discounts of 10% and…