New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A trader bought an article for Rs. 3600 and marked it

    20% above of its cost price. If he sold it after giving a discount of Rs. 180 then find the profit percent earned by him.
    A 16% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer
    E 17% Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 3600 × 1.20 = Rs. 4320 Selling price = 4320 – 180 = Rs. 4140 Profit percentage = [(4140 – 3600)/3600] × 100 = 15%

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