Question

A retailer marked up an item's price by 50% above its cost. Afterward, the item was offered at successive discounts of 20% and 10%. What was the percentage profit earned by the retailer on this transaction?

A 8%
B 10%
C 15%
D 18%
E 20%
Practice Next

More Profit and loss Questions

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)