Question

A shopkeeper marks an article 40% above its cost price. He allows a discount of x% on the marked price and still makes a profit of 12%. If, instead, he had allowed a discount of (x + 10)% on the marked price, his profit would have been Rs 56 less than before. What is the cost price of the article?

A Rs 280
B Rs.300
C Rs 260
D Rs 400
E Rs 330
Practice Next

More Profit and loss Questions

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)