If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. Wh

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

A. 30%
B. 25%
C. 24%
D. 28%

The correct answer is option D. 28%. Can you explain this answer in the comments?

View Complete Solution Here

Books I recommend for Quantitative Aptitude:

1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

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Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

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If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes a 20% profit. Ten of these toys are destroyed in the fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

The correct answer is option D. 28%. Can you explain this answer in the comments?

View Complete Solution Here

Books I recommend for Quantitative Aptitude:

1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

About the Author

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