Multiple choice

DIRECTION for the question: Solve the following question and mark the best possible option. Komal buys an article at a discount of 25%. At what % above the cost price should he sell it to make a profit of 25% over the original list price?

  1. 25

  2. 30

  3. 40

  4. 66.67

  5. 50

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let List Price = 100. Cost Price = 75 (25% discount). Target Profit = 25% of 100 = 25. Selling Price = 125. Profit over CP = 125 - 75 = 50. % Profit = (50/75) * 100 = 66.67%.

AI explanation

Let the original list price be 100, so Komal's cost price after a 25 percent discount is 75. To make a profit of 25 percent over the original list price, the target selling price is 125. The required profit percentage on his cost is calculated as [(125 - 75) / 75] * 100, which equals (50 / 75) * 100, resulting in 66.67 percent.