Question

    Cost price of a bag is Rs.600. The shopkeeper marked it 60% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold it at a profit of 40%, then find the difference between original and new selling price of a bag.

    A Rs.54 Correct Answer Incorrect Answer
    B Rs.25 Correct Answer Incorrect Answer
    C Rs.72 Correct Answer Incorrect Answer
    D Rs.45 Correct Answer Incorrect Answer

    Solution

    Original selling price of a bag = (160/100) × (80/100) × 600 = Rs.768 New selling price of a bag = (140/100) × 600 = Rs.840 Required difference = 840 – 768 = Rs.72

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