Multiple Choice Questions on A shopkeeper sold an article for Rs 540 and earned a profit of 20 Had the shopkeeper sold the same a........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

A shopkeeper sold an article for Rs 540 and earned a profit of 20 Had the shopkeeper sold the same a...........

Quantitative Aptitude ( CCS) Profit and loss
    Download Solution PDF

    A shopkeeper sold an article for Rs.540 and earned a profit of 20%. Had the shopkeeper sold the same article after giving a cash back of Rs.’x’ on the selling price he would have still earned a profit of (100/9)% , find the value of x.

    Rs.30

    Incorrect Answer

    Rs.40

    Correct Answer

    Rs.20

    Incorrect Answer

    Rs.60

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Profit and loss
    Prepare through Micro-courses
    Try Now
    Explanation:

    CP of the article = 540/1.2 = Rs.450
    Let cash back be x. (100+100/9)% of 450 = 540 – x
    => x = Rs.40

    By: Pranav Gupta
    ProfileResources

    Let's Discuss

    Master
    Profit and loss
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free