Multiple Choice Questions

The printed price of an article is Rs 900 but the retailer gets a discount of 40 He sells the articl...........

Quantitative Aptitude (RBI Grade B) Profit and loss

The printed price of an article is Rs. 900 but the retailer gets a discount of 40%. He sells the article for Rs. 900. Retailer's gain per cent is

200/3

205/3

C.P. of Article = 60% of 900
= 60*900/100= Rs.540
S.P. of Article = Rs. 900
Profit = 900 - 540 = Rs. 360
Profit % = 360*100/540
= 200/3

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