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Question: If on an item a company gives 25% discount, they earn 25% profit. If they now give 10% discount then what is the profit percentage.

Answer: 30%.

Category Quantitative Interview Questions & Answers - Exam Mode / Learning Mode
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Question: If on an item a company gives 25% discount, they earn 25% profit. If they now give 10% discount then what is the profit percentage.



Answer:

30%. Source: CoolInterview.com


The Profit shall be 50%.
Consider the item price as Rs.10.
After 25% discount, the cost would be Rs 7.5
Company would be profiting 25% on original price. Hence original price is Rs 6. (25% of 6 is 1.5. So 1.5+6=7.5)
Now if discount is 10% , the cost of item would be Rs.9. Hence 50% profit (as Rs 9 is 1.5 times of 6) Source: CoolInterview.com

Answered by: Chaya | Date: 8/7/2008 | Contact Chaya Contact Chaya


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