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      Question

      A shopkeeper made a profit of 44% by selling an article

      for Rs. 2880. If he had sold it after allowing a discount of 30% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.
      A Rs. 40 Correct Answer Incorrect Answer
      B Rs. 56 Correct Answer Incorrect Answer
      C Rs. 16 Correct Answer Incorrect Answer
      D Rs. 32 Correct Answer Incorrect Answer
      E Rs. 38 Correct Answer Incorrect Answer

      Solution

      Cost price of the article = 2880 ÷ 1.44 = Rs. 2000 New selling price of the article = 2880 × 0.70 = Rs. 2016 New profit = 2016 – 2000 = Rs. 16

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