Question

A seller priced a bag of rice 50% higher than its cost price and later sold it after applying a 20% discount. If the profit made by the seller was Rs. 40, determine the difference between the selling price and the marked price of the rice bag.

A Rs.20
B Rs.40
C Rs.50
D Rs.60
E none of these
Practice Next

Relevant for Exams:

Hey! Ask a query