Multiple choice

When a discount of 20% is given on an African safari ticket, the profit is 43%. If the discount is 28%, then the approximate profit in percentage is:

  1. 28.7 percent

  2. 113.3 percent

  3. 13.6 percent

  4. 71 percent
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100. Selling price at 20% discount = 143. Marked Price = 143 / 0.8 = 178.75. Selling price at 28% discount = 178.75 * 0.72 = 128.7. Profit = 28.7%.

AI explanation

Let the marked price (MP) of the safari ticket be Rs. 100. A 20% discount makes the selling price Rs. 80, which yields a 43% profit, meaning the cost price (CP) is calculated as 80 / 1.43 = Rs. 55.94. Applying a new discount of 28% gives a selling price of Rs. 72. Using the profit percentage formula, the new profit is ((72 - 55.94) / 55.94) * 100 = 28.7 percent.

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