Login / Signup

Question

Article ‘P’, if sold at a profit of 20% earns a profit of Rs. 500. If article ‘P’ is marked 40% above its cost price and then sold after offering two successive discounts of 20% and Rs. x, respectively then what would be the value of ‘x’ such that there is neither profit nor loss in the transaction?

A 320

B 310

C 300

D 312

E None of these

Practice Next

More Profit and loss Questions

The ratio between the cost price of gadget E and F is 3:2 respectively. Each of the gadgets was marked 60% above its cost price. If the MRP of gadget E is ...
Jagat Singh sold an article for ₹6,000 and incurred a loss. Had be sold it for ₹7,400, his profit would have been 2/3 of the amount of loss that he incurre...
A dealer sells two types of gadgets, E and F. He earns a 10% profit on gadget E costing Rs. 1500. If the overall profit on selling both gadgets is 18%, the...
A trader made a profit of 18% on a product, while another trader sold the same product for a 14% profit. If the first trader’s profit was Rs. 32 more than ...
Cost price of article ‘B’ is (300/8)% of selling price of article ‘A’. Article ‘A’ is sold at 50% profit and the cost price of article ‘A’ is Rs. 20 more t...
A trader marks his goods 50% above the cost price. During a sale, he allows a discount of 20% on the marked price and still makes a profit of Rs 240 on eac...
A merchant buys 10 kg of wheat at Rs. 300 per kg. While selling, he uses a faulty weight that shows 1100 grams instead of 1000 grams but claims to sell it ...
Profit percentage received on a product when sold for Rs.540 is equal to the percentage loss incurred when the same product is sold for Rs.360. Find the se...
A shopkeeper buys a fan for Rs 840 and sells it at a profit of 25%. Find the selling price of the fan.
Article ‘P’, if sold at a profit of 35% earns a profit of Rs. 700. If article ‘P’ is marked 30% above its cost price and then sold after offering two succe...

Hey! Ask a query

ask-question