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    Question

    An item costs Rs. 15,600. The shopkeeper tags it 35% above

    its cost price and sells it after offering a 15% discount. What is the profit earned in rupees?
    A Rs.1625 Correct Answer Incorrect Answer
    B Rs.2301 Correct Answer Incorrect Answer
    C Rs.2120 Correct Answer Incorrect Answer
    D Rs.3450 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price = 1.35 × 15,600 = Rs. 21,060

    Selling price = 0.85 × 21,060 = Rs. 17,901

    Therefore, profit = 17,901 - 15,600 = Rs. 2,301

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