Question

    A shopkeeper bought an article for Rs. 180. He sold it at profit 30% after allowing a discount of 40%. If instead he had sold it at 20% discount, then find the new selling price of the article.

    A Rs. 312 Correct Answer Incorrect Answer
    B Rs. 332 Correct Answer Incorrect Answer
    C Rs. 342 Correct Answer Incorrect Answer
    D Rs. 372 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 180 × 1.3 = Rs. 234 Marked price of the article = 234 ÷ 0.6 = Rs. 390 New selling price of the article = 390 × 0.8 = Rs. 312

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