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

    Question

    A trader bought an article for Rs. 1500 and marked it

    25% above of its cost price. If he sold it after giving a discount of Rs. 30 then find the profit percent earned by him.
    A 23% 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 = 1500 × 1.25 = Rs. 1875 Selling price = 1875 – 30 = Rs. 1845 Profit percentage = [(1845 – 1500)/1500] × 100 = 23%

    Practice Next

    Relevant for Exams: