Question
An item is sold for a profit of 20%. If the cost to purchase the item had been reduced by 20%, and it was subsequently sold at a 25% loss, the seller would have made Rs. 300 less than originally. What was the initial cost price of the item?
More Profit and loss Questions
- A shopkeeper marks up the price of an article by 40% on its cost price. He then offers a discount of 10% on the marked price. If the shopkeeper still makes...
- A seller marked an article 60% above its cost price and sold it after allowing 25% discount. If he made a profit of Rs. 45, then find the difference betwee...
- A purse is sold for 12/25 of its marked price, yielding a profit of 20%. What is the ratio of the marked price to the cost price?
- When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incu...
- A product is marked at Rs. 5,000 which is Rs. 2,000 more than its cost price. If it is sold after giving a discount such that a profit of 10% is made, find...
- A shopkeeper sold a school bag at a profit of 65%. Had he sold the school bag at 35% profit he would have earned Rs.183 less. Find the cost price of the sc...
- A invested Rs. (P + 900). B entered after 2 months with Rs. 4P. If the ratio of B’s profit share to A’s is 10:7, find (P − 225).
- A shopkeeper marks an article 40% above its cost price and then allows a discount of 10% on the marked price. If the selling price of the article is Rs 315...
- A shopkeeper offers the following schemes on toys of the same marked price. (A) Successive discounts of 20% and 25% on any number of toys bought. (B) Suc...
- A merchant sold a gadget incurring a 30% loss. If he had marked up the price by 20% and then given a 15% discount, he would have earned Rs. 120 more. Find ...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
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)