New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A bought an article at 20% less of the marked price and

    sold it at 25% more than the marked price. Find the profit earned by him.
    A 52.25% Correct Answer Incorrect Answer
    B 50.25% Correct Answer Incorrect Answer
    C 56.25% Correct Answer Incorrect Answer
    D 54.25% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100 ∴ C.P. = 100 - 20 = 80 And, S.P. = 100 + 25 = 125 Profit= 125 - 80 = 45 Profit % = 45/80 × 100 = 56.25%

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