Question
A dealer set the marked price of an item 10% above its cost price and and then allowed a discount of 20% on the marked price. What was his actual percentage of profit or loss?
Asked in DSSSB MTS · 2026
Discount and MP · Quantitative Aptitude
Exam PYQ4 Options
Quick Revision
If selling price and discount percentage are known, work backward to find the marked price.
Correct AnswerCorrect option for this question
Learn Discount and MP in 60 Seconds
A quick combined-discount formula can save time when two successive discounts are given.
Everything you need to learn, practice & excel — in one place.
3,000+ Video-Based Study Material
PYQ-Based Quizzes
4,000+ Informative Audiobooks
6,300+ Full-Length Mock Tests
Daily Current Affairs
40,000+ PYQs
Questions Asked from Profit and Loss in Previous Exams
See how often Profit and Loss has appeared in previous-year questions across major government exams.
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
2-Minute Revision Notes
Revise Discount and MP and Its Related Concepts
Strengthen key concepts with exam-focused visual notes for faster revision.
Explore More Questions
Continue practising by chapter, topic and related subjects.
One question solved. Keep going.
Continue with the next Profit and Loss question and build your accuracy one question at a time.