📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      A glass bowl originally priced at ₹550 is marked with

      a 38% markup above its cost price. It is then sold after applying two consecutive discounts: the first being a 10% reduction, followed by a flat discount of ₹56.10. What is the overall profit percentage earned on selling the glass bowl?
      A 12.8% Correct Answer Incorrect Answer
      B 14% Correct Answer Incorrect Answer
      C 16% Correct Answer Incorrect Answer
      D 11.6% Correct Answer Incorrect Answer

      Solution

      Marked price of the bowl = 550 X 1.38 = Rs. 759 Selling price of the bowl = 759 X 0.9 - 56.10 = 683.1 - 56.1 = Rs. 627 So, percentage of profit earned = {(627 - 550)/550} X 100 = 14%

      Practice Next
      ask-question