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    Question

    A shopkeeper marked his article 50% above its cost price

    and offered a discount of 55%. If cost price of the article is Rs. 600, then find profit or loss of the shopkeeper on selling the article
    A Rs. 125 Correct Answer Incorrect Answer
    B Rs. 185 Correct Answer Incorrect Answer
    C Rs. 195 Correct Answer Incorrect Answer
    D Rs. 145 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1.5 × 600 = Rs. 900 Selling price of the article = 0.45 × 900 = Rs. 405 Loss = 600 – 405 = Rs. 195

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