Question

An item is purchased for Rs. 300 and its price is marked up by (50/3)% above the cost. After offering a 20% discount on the marked price, the item is sold. Calculate the overall profit or loss from this sale.

A Rs. 10 loss
B Rs. 30 loss
C Rs. 15 profit
D Rs. 20 loss
Practice Next

More Profit and loss Questions

Hey! Ask a query