Paper 1 · Mathematical Reasoning and Aptitude
UGC NET December 2021 June 2022 (22.09.2022) Shift-I
A trader marked the price of his commodity so as to include a profit of 25 percent. He allowed a discount of 16 percent on the marked price. What is the actual profit he earns?
A9%
B5% ✓ Correct
C16%
D20%
Correct answer: (B) 5% — The answer is 5 percent.
Explanation
★The answer is 5 percent.
★Taking the cost as 100, a 25 percent profit makes the marked price 125.
★A discount of 16 percent on 125 removes 20, leaving a selling price of 105.
★So the selling price is 105 against a cost of 100.
★The actual profit is therefore 5 percent.
★The other options do not match this.
★So the answer is 5 percent.
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