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    4. Profit and loss
    5. A washing machine is priced 50% over its cost price. The marked price is Rs. 18,000. If a customer g

    Question

    A washing machine is priced 50% over its cost price. The

    marked price is Rs. 18,000. If a customer gets 25% off, find the profit earned by the seller.
    A Rs.3600 Correct Answer Incorrect Answer
    B Rs.1500 Correct Answer Incorrect Answer
    C Rs.2400 Correct Answer Incorrect Answer
    D Rs.1900 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Cost price = 18,000 / 1.5 = Rs. 12,000

    Selling price = 0.75 × 18,000 = Rs. 13,500

    Profit = 13,500 - 12,000 = Rs. 1,500

    Practice Next
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