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    Question

    A product was sold for Rs. 168 after giving a discount of

    20%. If the cost price and marked price are in the ratio 4:7, then calculate the profit earned.
    A Rs.35 Correct Answer Incorrect Answer
    B Rs.20 Correct Answer Incorrect Answer
    C Rs.48 Correct Answer Incorrect Answer
    D Rs.65 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price of the product = (168 / 0.80) = Rs. 210

    So, cost price of the product = (210 / 7) × 4 = Rs. 120

    Therefore, required profit = 168 - 120 = Rs. 48

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