📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The marked price of a book is 130 percent of its cost

      price. If a 20% discount is offered while selling the book, find the profit percentage.
      A 2% Correct Answer Incorrect Answer
      B 6% Correct Answer Incorrect Answer
      C 4% Correct Answer Incorrect Answer
      D 3% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of the book be Rs. '100x'

      Marked price of the book = '100x' X 1.3 = Rs. '130x'

      Selling price of the book = '130x' X 0.8 = Rs. '104x'

      Profit earned on selling the book = '104x' - '100x' = Rs. '4x'

      Required profit percentage = {(4x/100x) X 100} = 4%







      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question