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    Question

    A shopkeeper bought an article for Rs. 300. He sold it

    at profit 15% after allowing a discount of 20%. If instead he had sold it at 20% discount, then find the new selling price of the article.
    A Rs. 300 Correct Answer Incorrect Answer
    B Rs. 324 Correct Answer Incorrect Answer
    C Rs. 345 Correct Answer Incorrect Answer
    D Rs. 305 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 300 × 1.15 = Rs. 345 Marked price of the article = 345 ÷ 0.8 = Rs. 431.25 New selling price of the article = 431.25 × 0.8 = Rs. 345

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