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    Question

    A shopkeeper marked his article 30% above its cost price

    and offered a discount of 28%. If cost price of the article is Rs. 350, then find profit or loss of the shopkeeper on selling the article
    A Rs. 20.4 Correct Answer Incorrect Answer
    B Rs. 21.4 Correct Answer Incorrect Answer
    C Rs. 22.4 Correct Answer Incorrect Answer
    D Rs. 23.4 Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1.3 × 350 = Rs. 455 Selling price of the article = 0.72 × 455 = Rs. 327.6 Loss = 350 – 327.6 = Rs. 22.4

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