New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A product is bought at Rs. 4,800 and tagged 25% above

    its purchase price. If it is sold after offering a 15% discount followed by a flat reduction of Rs. 84, then determine the profit gained.
    A Rs. 875 Correct Answer Incorrect Answer
    B Rs. 810 Correct Answer Incorrect Answer
    C Rs. 216 Correct Answer Incorrect Answer
    D Rs. 615 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Marked price of the product = 1.25 × 4,800 = Rs. 6,00 Selling price of product = 6,000 × 0.85 - 84 = 5,100 - 84 = Rs. 5,016 Therefore, profit earned = 5,016 - 4,800 = Rs. 216

    Practice Next

    Relevant for Exams: