πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A shopkeeper marked an article P% above its cost price

      and sold it for Rs. 748.8 after giving a discount of 20%. If the shopkeeper had a loss of 6.4% on the whole transaction, then find the value of β€˜P’. (approximate value)
      A 20% Correct Answer Incorrect Answer
      B 17% Correct Answer Incorrect Answer
      C 15.75% Correct Answer Incorrect Answer
      D 16% Correct Answer Incorrect Answer

      Solution

      Marked price of article = 748.8/0.80 = Rs. 936 Cost price of the article = 748.8/0.936 = Rs. 800 So, P = [(936 – 800)/800] Γ— 100 = 17% (approx)

      Practice Next
      ask-question