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    Question

    The cost price of a pen is Rs. 200. If the marked price

    and selling price of the pen are 25% more and 20% more, respectively than its cost price, then find the difference between marked price and selling price of the pen.
    A Rs. 5 Correct Answer Incorrect Answer
    B Rs. 20 Correct Answer Incorrect Answer
    C Rs. 15 Correct Answer Incorrect Answer
    D Rs. 10 Correct Answer Incorrect Answer

    Solution

    Cost price of the pen = Rs. 200 ATQ; Marked price of the pen = (1.25 X 200) = Rs. 250 Selling price of the pen = (1.20 X 200) = Rs. 240 Required difference = (250 - 240) = Rs. 10

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