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    Question

    An article is priced 30% higher than its cost price,

    which is Rs. 2,400. After offering two successive discounts, one of 10% and another of Rs. 228, the article is sold. What is the profit earned on this sale?
    A Rs. 180 Correct Answer Incorrect Answer
    B Rs. 172 Correct Answer Incorrect Answer
    C Rs. 160 Correct Answer Incorrect Answer
    D Rs. 190 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of article = 1.3 x 2,400 = Rs. 3,120 Selling price of article = 0.9 x 3,120 - 228 = 2,808 - 228 = Rs. 2,580 Therefore, profit earned = 2,580 - 2,400 = Rs. 180

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