Question

    Cost price of a bag is Rs.980. The shopkeeper marked it 80% above the cost price and sold it after giving a discount of 25%. 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.49 Correct Answer Incorrect Answer
    B Rs.33 Correct Answer Incorrect Answer
    C Rs.24 Correct Answer Incorrect Answer
    D Rs.26 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Original selling price of a bag = (180/100) × (75/100) × 980 = Rs.1323 New selling price of a bag = (140/100) × 980 = Rs.1372 Required difference = 1372 – 1323 = Rs.49

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