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    Question

    A trader bought an article for Rs. 1800 and marked it

    20% above of its cost price. If he sold it after giving a discount of Rs. 180 then find the profit percent earned by him.
    A 16% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1800 ├Ч 1.20 = Rs. 2160 Selling price = 2160 тАУ 180 = Rs. 1980 Profit percentage = [(1980 тАУ 1800)/1800] ├Ч 100 = 10%

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