The cost price of a pen is Rs. 200. If the marked price
and selling price of the pen are 25% more and 20% more, respectively than its cost price, then find the difference between marked price and selling price of the pen.
ARs. 5Correct AnswerIncorrect Answer
BRs. 20Correct AnswerIncorrect Answer
CRs. 15Correct AnswerIncorrect Answer
DRs. 10Correct AnswerIncorrect Answer
Solution
Cost price of the pen = Rs. 200 ATQ; Marked price of the pen = (1.25 X 200) = Rs. 250 Selling price of the pen = (1.20 X 200) = Rs. 240 Required difference = (250 - 240) = Rs. 10