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

    Question

    A man bought an article at 20% less of the marked

    price and sold it at 25% more than the marked price. Find the profit earned by him.
    A 53.3% Correct Answer Incorrect Answer
    B 57.5% Correct Answer Incorrect Answer
    C 56.25% Correct Answer Incorrect Answer
    D 56.3% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100
    ∴ cost price = 100 - 20 = 80
    And, selling price = 100 + 25 = 125
    Profit = 125 - 80 = 45
    Profit % = 45/80 x 100 = 56.25%

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