Question

A trader marks up the price of an article by 50% above the cost price. He then offers a discount of 20% on the marked price. What is his profit percentage based on the selling price?

A 20%
B 22.5%
C 16.67%
D 15%
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)