Question

A shopkeeper sets the selling price of an item higher than its cost price. After offering a 4% discount, the shopkeeper earns a 20% profit. What percentage above the cost price did the shopkeeper initially mark the item?

A 22%
B 25%
C 15%
D 30%
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)