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    Question

    A shopkeeper marks an article at 40% above the cost

    price and gives a discount of 20%. If the cost price of the article is тВ╣500, find the profit.
    A тВ╣56 Correct Answer Incorrect Answer
    B тВ╣58 Correct Answer Incorrect Answer
    C тВ╣60 Correct Answer Incorrect Answer
    D тВ╣62 Correct Answer Incorrect Answer

    Solution

    Marked price = 500 ├Ч 1.4 = тВ╣700. Selling price = 700 ├Ч 0.8 = тВ╣560.┬а Profit = 560 тАУ 500 = 60 Correct option: c

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