Multiple Choice Questions on An article costing Rs 363 is marked to be sold at a price which gives a profit of 20 What will be it........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

An article costing Rs 363 is marked to be sold at a price which gives a profit of 20 What will be it...........

Quant (SSC) Profit and loss
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    An article costing Rs. 363 is marked to be sold at a price which gives a profit of 20%. What will be its selling price in a sale when 15% is taken off the marked price?

    Rs. 390.56

    Incorrect Answer

    Rs. 390.26

    Incorrect Answer
    Rs. 382.26
    Incorrect Answer

    None of these

    Correct Answer
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    Explanation:

    Net profit on the article
    = + 20 – 15 – 20 × 15 /100 = +2%
    ∴  Selling price of the article = 363 × 1.02 = Rs. 370.26

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