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    Question

    Shyam marked an article 25% above cost price and sold it

    for Rs. 1080 after allowing a discount of 10%. Find his profit (in Rs.).
    A Rs.100 Correct Answer Incorrect Answer
    B Rs.110 Correct Answer Incorrect Answer
    C Rs.120 Correct Answer Incorrect Answer
    D Rs.150 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price of article = 1080/0.9 = Rs. 1200 Cost price of article = 1200/1.25 = Rs. 960 Required proit = 1080 – 960 = Rs. 120

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