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    Question

    A shopkeeper marked his article 30% above its cost price

    and offered a discount of 25%. If cost price of the article is Rs. 200, then find profit or loss of the shopkeeper on selling the article
    A Rs. 6 Correct Answer Incorrect Answer
    B Rs. 7 Correct Answer Incorrect Answer
    C Rs. 5 Correct Answer Incorrect Answer
    D Rs. 9 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 = 0.75 × 260 = Rs. 195 Loss = 200 – 195 = Rs. 5

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