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    Question

    A saree having cost price of Rs. 2500 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. 200 Correct Answer Incorrect Answer
    B Rs. 220 Correct Answer Incorrect Answer
    C Rs. 230 Correct Answer Incorrect Answer
    D Rs. 250 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the Saree = 2500 Γ— 1.50 = Rs. 3750 Selling price of the Saree = 3750 Γ— 0.9 Γ— 0.8 = Rs. 2700 So, profit earned = 2700– 2500 = Rs. 200

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