NIMCET 2018 Question Paper with solutions

All the statements are necessary to find the profit percentage. Let the marked price of the item be ₹ x.
From statement III,
Cost price of article = ₹ 5000
From statement II,
If discount is not given, profit percentage = 20 %
∴

x−5000

5000

× 100 = 20
∴ x = marked price = ₹ 6000
Now, from statement I,
Discount = 5%
∴ Selling price =

(95)

100

× 6000
= ₹ 5700
Hence, profit percentage =

5700−5000

5000

× 100 = 14 %