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  9. Q134

TNPSC Group-I 2021 · Question 134 of 148

A shop keeper marked the price of an article as 15% more on its cost price and then offered 15% reduction on the article, then he got

Aptitude - Profit and Loss

  1. AProfit
  2. BLossCorrect
  3. CNeither profit nor loss
  4. DProfit as well as loss

Answer: B. Loss

Explanation

1.15 x 0.85 = 0.9775 of cost price - a net loss.

Source: TNPSC Group-I Prelims (held 3 Jan 2021) - official paper via examrace.com

← Q133View full paper (148 questions)Q135 →

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