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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 ₹500, find the profit.
    A ₹56 Correct Answer Incorrect Answer
    B ₹58 Correct Answer Incorrect Answer
    C ₹60 Correct Answer Incorrect Answer
    D ₹62 Correct Answer Incorrect Answer

    Solution

    Marked price = 500 × 1.4 = ₹700. Selling price = 700 × 0.8 = ₹560.  Profit = 560 – 500 = 60 Correct option: c

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