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

    Question

    A bought an article at 25% less of the marked price and

    sold it at 20% more than the marked price. Find the profit earned by him.
    A 50% Correct Answer Incorrect Answer
    B 55% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 56% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100 ∴ C.P. = 100 - 25 = 75 And, S.P. = 100 + 20 = 120 Profit= 120 - 75 = 45 Profit % = 45/75 × 100 = 60%

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