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    Question

    A trader bought an article for Rs. 900 and marked it 20%

    above of its cost price. If he sold it after giving a discount of Rs. 45 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 = 900 × 1.25 = Rs. 1080 Selling price = 1080 – 45 = Rs. 1035 Profit percentage = [(1035 – 900)/900] × 100 = 15%

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