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      Question

      A shopkeeper marked his article 25% above its cost price

      and offered a discount of 30%. If cost price of the article is Rs. 560, then find profit or loss of the shopkeeper on selling the article
      A Rs. 75 Correct Answer Incorrect Answer
      B Rs. 72 Correct Answer Incorrect Answer
      C Rs. 70 Correct Answer Incorrect Answer
      D Rs. 73 Correct Answer Incorrect Answer

      Solution

      Marked price of the article = 1.25 ├Ч 560 = Rs. 700 Selling price of the article = 0.7 ├Ч 700 = Rs. 490 Loss = 560 тАУ 490 = Rs. 70

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