New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A shopkeeper marked his article 30% above its cost price

    and offered a discount of 45%. If cost price of the article is Rs. 200, then find profit or loss of the shopkeeper on selling the article
    A Rs. 47 Correct Answer Incorrect Answer
    B Rs. 55 Correct Answer Incorrect Answer
    C Rs. 57 Correct Answer Incorrect Answer
    D Rs. 56 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1.3 × 200 = Rs. 260 Selling price of the article = 0.55 × 260 = Rs. 143 Loss = 200 – 143 = Rs. 57

    Practice Next