New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    A shopkeeper marked an article 65% above its cost price

    and made a profit of Rs. 644 when he sold the article after giving a discount of 15%. Find the profit percent earned by the shopkeeper if he had sold the article for Rs. 2000.
    A 25% Correct Answer Incorrect Answer
    B 26% Correct Answer Incorrect Answer
    C 35% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer

    Solution

    Let cost price of the article is Rs. ‘x’ So, Selling price of the article = 0.85 × 1.65 × x = Rs. 1.4025x According to question; ⇒ 1.4025x – x = 644 ⇒ 0.4025x = 644 ⇒ x = 1600 Desired Percentage = [(2000 – 1600)/1600] × 100 = 25%

    Practice Next

    Relevant for Exams: