Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Instructions
Study the information given below and answer the question that follows:
An article was bought for Rs. 5200. Its price was marked up by 15%. Thereafter it was sold at a discount of 9% on the marked price.
Solution
Cost price = 5200
Selling price (after giving 9% discount on marked price) = 5200(1.15)(1-(0.09)) = 5441.8
Profit = 241.8
%Profit = $$\frac{241.8}{5200}$$ = 4.65
Create a FREE account and get:
- Banking Quant Shortcuts PDF
- Free Banking Study Material - (15000 Questions)
- 135+ Banking previous papers with solutions PDF
- 100+ Online Tests for Free
