New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    A shopkeeper marked his article 25% above its cost price and offered a discount of 40%. If cost price of the article is Rs. 500, then find profit or loss of the shopkeeper on selling the article

    A Rs. 115 Correct Answer Incorrect Answer
    B Rs. 105 Correct Answer Incorrect Answer
    C Rs. 125 Correct Answer Incorrect Answer
    D Rs. 135 Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1.25 × 500 = Rs. 625 Selling price of the article = 0.6 × 625 = Rs. 375 Loss = 500 – 375 = Rs. 125

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