Multiple Choice Questions on A shopkeeper Marks the price of Rs 160 on item After giving 10 discount he earns a profit of 20 the........... for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

A shopkeeper Marks the price of Rs 160 on item After giving 10 discount he earns a profit of 20 the...........

Quantitative Aptitude (RRB NTPC) Profit and loss
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    .A shopkeeper Marks the price of Rs 160 on item. After giving 10% discount he earns a profit of 20% then find the cost price of the item.

    Rs 140

    Incorrect Answer

    Rs 120

    Correct Answer

    Rs 150

    Incorrect Answer

    Rs 132

    Incorrect Answer
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    Explanation:
    Marked price = Rs. 160
    Selling price after giving 10% discount =
    160 x 90/100 = Rs. 144
    Since, Profit = 20%
    CP = 100/120 x SP = 5/6 x 144 = Rs.120

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