New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper sold a fridge for Rs. 1200, making a 20%

    gain. The fridge was marked at Rs. 1400. What was the discount he provided to make only 10% profit?
    A 120 Correct Answer Incorrect Answer
    B 145 Correct Answer Incorrect Answer
    C 300 Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    The shopkeeper originally bought the fridge for Rs. 1000. To make a 10% profit, he should sell it for Rs. 1100. Since the marked price was Rs. 1400, the discount given is:

    Discount=1400−1100=300

    The discount provided is Rs. 300 .

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