Question

    A shopkeeper sells the Pen at the discount of 30% on its

    marked price while he gets the profit of 40% on cost price of the pen. A pen marked at Rs.18 is being sold for Rs.12, what is his profit percent?
    A 47.47% Correct Answer Incorrect Answer
    B 33.33% Correct Answer Incorrect Answer
    C 27.27% Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Marked price of the pen = Rs. 18 Selling price (after giving discount of 30%) = 70% of 18 = Rs. 12.6 140% of cost price = 12.6 Cost price = Rs. 9 Now when it is sold for rupees 12 Profit% = (12-9)/9 × 100 = 33.33%

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