Question Bank • QB_GA_124 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

An agricultural trader marks an implement $25\%$ above its cost price and then offers a trade discount of $12\%$ on the marked price. Calculate the trader's net percentage profit.

Answer Key:

10

Step-by-Step Solution & Explanation

Let cost price $\text{CP} = 100$. Marked price $\text{MP} = 100 \times 1.25 = 125$. Discount $= 12\%$ on $125 = 0.12 \times 125 = 15$. Selling price $\text{SP} = 125 - 15 = 110$. Profit percentage: $\text{Profit \%} = \frac{110 - 100}{100} \times 100 = 10\%$
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