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      Question

      A dealer sold an article for Rs. 536 after allowing a

      discount of 33% on its marked price. If the dealer suffered a loss of 20% in this transaction, then find the difference (in Rs.) between the cost price and the marked price of the article.
      A Rs. 120 Correct Answer Incorrect Answer
      B Rs. 130 Correct Answer Incorrect Answer
      C Rs. 160 Correct Answer Incorrect Answer
      D Rs. 155 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Marked price of the article = 536 Γ· 0.67 = Rs. 800 Cost price of the article = 536 Γ· 0.8 = Rs. 670 Required difference = 800 – 670 = Rs. 130

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