📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

     A shopkeeper buys an article for 1200. He marks it 30%

    above cost price and gives 10% discount on marked price. What is his profit (in rupees)?
    A 225 Correct Answer Incorrect Answer
    B 204 Correct Answer Incorrect Answer
    C 260 Correct Answer Incorrect Answer
    D 245 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, MP = 1200 + 30% of 1200 = 1200 + 360 = 1560 SP = 1560 − 10% of 1560 = 1560 − 156 = 1404 Profit = 1404 − 1200 = 204

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question