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

    Question

    A man bought an article at 12% less of the marked

    price and sold it at 10% more than the marked price. Find the profit earned by him.
    A 15% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 16.3% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100
    ∴ cost price = 100 - 12 = 88
    And, selling price = 100 + 10 = 110
    Profit = 110 - 88 = 22
    Profit % = 22/88 x 100 = 25%

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