New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A bought an article at 8% less of the marked price and

    sold it at 15% more than the marked price. Find the profit earned by him.
    A 22% Correct Answer Incorrect Answer
    B 23% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100 ∴ C.P. = 100 - 8 = 92 And, S.P. = 100 + 15 = 115 Profit= 115 - 92 = 23 Profit % = 23/92 × 100 = 25%

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