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

    Question

    A shopkeeper made a profit of 30% by selling an article

    for Rs. 260. If he had sold it after allowing a discount of 15% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.
    A Rs. 21 Correct Answer Incorrect Answer
    B Rs. 16 Correct Answer Incorrect Answer
    C Rs. 38 Correct Answer Incorrect Answer
    D Rs. 20 Correct Answer Incorrect Answer

    Solution

    Cost price of the article = 260 ÷ 1.30 = Rs. 200 New selling price of the article = 260 × 0.85 = Rs. 221 New profit = 221 – 200 = Rs. 21

    Practice Next

    Relevant for Exams: