Question
A shopkeeper buys an item at a 20% discount on the marked price. If the shopkeeper wants to earn 25% profit after giving a 20% discount, by what percentage should the new marked price be higher than the original marked price?
Asked in Punjab Police Constable · 2023
Discount and MP · Quantitative Aptitude
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For a 20% discount, the customer pays 80% of the marked price.
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Retail-offer questions often use phrases like “20% + 10% off,” which should never be treated as a flat 30% discount.
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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.
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