Question

A shopkeeper marked an item at Rs. 1000. The discount given on it is equal to 40% of the difference between marked price and cost price. If he made a profit of 20%, find the cost price.

A 350
B 420
C 750
D 580
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)