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    Question

    A shopkeeper bought an article for Rs. 250. He sold it

    at profit 20% after allowing a discount of 20%. If instead he had sold it at 12% discount, then find the new selling price of the article.
    A Rs. 300 Correct Answer Incorrect Answer
    B Rs. 320 Correct Answer Incorrect Answer
    C Rs. 330 Correct Answer Incorrect Answer
    D Rs. 350 Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 250 × 1.2 = Rs. 300 Marked price of the article = 300 ÷ 0.8 = Rs. 375 New selling price of the article = 375 × 0.88 = Rs. 330

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