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# Merchant Makes A Profit of 20% on Selling Price

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Manager
Joined: 12 Jun 2010
Posts: 65

Kudos [?]: 7 [0], given: 14

Merchant Makes A Profit of 20% on Selling Price [#permalink]

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10 Jul 2010, 21:28
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Difficulty:

55% (hard)

Question Stats:

55% (00:42) correct 45% (01:08) wrong based on 74 sessions

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If a merchant makes a profit of 20% based on the selling price of an article, what percent does the merchant makes on the cost?

A-20
B-40
C-25
D-None of These
[Reveal] Spoiler: OA

Kudos [?]: 7 [0], given: 14

Manager
Joined: 06 Oct 2009
Posts: 68

Kudos [?]: 35 [1], given: 5

Re: Merchant Makes A Profit of 20% on Selling Price [#permalink]

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10 Jul 2010, 23:30
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KUDOS
Let x is the cost and y is the selling price

So if y=100, x=80
so (20/80)*100=25%

Ans C
_________________

+1 kudos me if this is of any help...

Kudos [?]: 35 [1], given: 5

Manager
Joined: 12 Jun 2010
Posts: 65

Kudos [?]: 7 [0], given: 14

Re: Merchant Makes A Profit of 20% on Selling Price [#permalink]

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11 Jul 2010, 02:43
thanks for your support

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Manager
Joined: 12 Jun 2007
Posts: 124

Kudos [?]: 78 [0], given: 2

Re: Merchant Makes A Profit of 20% on Selling Price [#permalink]

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16 Jul 2010, 01:48
Let say Selling price will be Rs100,

20% profit means Cost price will be Rs80 and Rs20 is profit

now we have to find what percent of 80 will be 20 : X% * 80 = 20

X will be 25%

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GMAT Club Legend
Joined: 09 Sep 2013
Posts: 16535

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Re: Merchant Makes A Profit of 20% on Selling Price [#permalink]

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21 Jan 2017, 01:07
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Re: Merchant Makes A Profit of 20% on Selling Price   [#permalink] 21 Jan 2017, 01:07
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# Merchant Makes A Profit of 20% on Selling Price

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