An article is marked 20% above its cost price. Then the article is sold at a discount of 8%. If the discount given is Rs. 115.2 then find the profit, earned by the shopkeeper.

Question

PYQPulse · Accepted Answer

Rs.124.8

PYQPulse · Answer

Explanation: Let the CP of article be 100x. Then, MP of article = 120% of 100x = 120x SP of article = 92% of 120X = 110.4x Discount = 120x – 110.4x = 9.6x Now, 9.6x = 115.2 ⇒ x = 12 Profit earned by the shopkeeper = 110.4x – 100 = 10.4x => 10.4 × 12 = Rs. 124.8

An article is marked 20% above its cost price. Then the article is sold at a discount of 8%. If the discount given is Rs. 115.2 then find the profit, earned by the shopkeeper.

Answer: C. Rs.124.8

Explanation