Question

    A merchant increased the price of a blouse by 20%. If the labeled price of the blouse is Rs. 600, and in this transaction, the shopkeeper made a profit of Rs. 40, what is the selling price of the blouse?

    A Rs.540 Correct Answer Incorrect Answer
    B Rs.555 Correct Answer Incorrect Answer
    C Rs.250 Correct Answer Incorrect Answer
    D Rs.600 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Marked price of the Blouse = Rs. 600 Cost price of the Blouse = 600/1.2 = Rs. 500 Selling price of the Blouse = 500 + 40 = Rs. 540

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