📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A trader bought an article for Rs. 1200 and marked it

    25% above of its cost price. If he sold it after giving a discount of Rs. 60 then find the profit percent earned by him.
    A 23% 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 = 1200 × 1.25 = Rs. 1500 Selling price = 1500 – 60 = Rs. 1440 Profit percentage = [(1440 – 1200)/1200] × 100 = 20%

    Practice Next
    More Age Questions
    ask-question