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      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

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