πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      An item priced at Rs. 1,500 has a

      markup of 36% on its cost price and is sold with two successive discounts: the first being 15% and the second being Rs. 144. What is the profit percentage earned from selling the item?
      A 5% Correct Answer Incorrect Answer
      B 6% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 2% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Marked price of the item = 1500 Γ— 1.36 = Rs. 2,040 Selling price of the item = 2040 Γ— 0.85 – 144 = 1734 – 144 = Rs. 1,590 So, profit % = {(1590 – 1500) Γ· 1500} Γ— 100 = 6%

      Practice Next

      Relevant for Exams:

      ask-question