Question

A trader marks his goods 60% above the cost price. He offers a certain discount on the marked price and earns a profit of 28%. (a) What discount percentage does he offer? (b) If he increases the discount by 10 percentage points, what will be his new profit percentage?

A 20% and 12%
B 15% and 18%
C 20% and 30%
D 18% and 12%
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)