Question

Cost price of a bag is Rs.750. The shopkeeper marked it 80% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold it at a profit of 50%, then find the difference between original and new selling price of a bag.

A Rs.45 Correct Answer Incorrect Answer
B Rs.33 Correct Answer Incorrect Answer
C Rs.24 Correct Answer Incorrect Answer
D Rs.26 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Original selling price of a bag = (180/100) × (80/100) × 750 = Rs.1080 New selling price of a bag = (150/100) × 750 = Rs.1125 Required difference = 1125 – 1080 = Rs.45

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