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

    Question

    A dealer sold an article for Rs. 1619.5 after allowing a

    discount of 21% on its marked price. If the dealer suffered a loss of 18% in this transaction, then find the difference (in Rs.) between the cost price and the marked price of the article.
    A Rs. 80 Correct Answer Incorrect Answer
    B Rs. 75 Correct Answer Incorrect Answer
    C Rs. 82 Correct Answer Incorrect Answer
    D Rs. 81 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1619.5 ÷ 0.79 = Rs. 2050 Cost price of the article = 1619.5 ÷ 0.82 = Rs. 1975 Required difference = 2050 – 1975 = Rs. 75

    Practice Next