Question

    A saree having cost price of Rs. 1500 is marked up by

    50% above its cost price and sold after offering two successive discounts of 10% and 20% respectively. What is the profit earned on selling the saree?
    A Rs. 120 Correct Answer Incorrect Answer
    B Rs. 100 Correct Answer Incorrect Answer
    C Rs. 80 Correct Answer Incorrect Answer
    D Rs. 60 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the Saree = 1500 × 1.50 = Rs. 2250 Selling price of the Saree = 2250 × 0.9 × 0.8 = Rs. 1620 So, profit earned = 1620 – 1500 = Rs. 120

    Practice Next