Question
Quantitative Aptitude Question on Percentage
The marked price of a bicycle is 10,000. Manish bought the bicycle during the summer sale for a discount of 33.33%. If Manish later sold the bicycle to Rahul for a price equal to the original marked price of the bicycle, then what was the percentage of profit earned by Manish?
A
25%
B
33.33%
C
50%
D
66.67%
Answer
50%
Explanation
Solution
The correct answer is (C): 50%