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Profit, Loss & Discount · Question 35 of 72

Question 35

EasyOriginal question

A shopkeeper buys a wall clock for ₹800, marks it 25% above cost and then gives a 10% discount. What is the selling price?

Options for question 35

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. MP = 800×1.25800 \times 1.25 = ₹1,000.

  2. SP = 90% of ₹1,000 = ₹900.

Worth noting

₹920 comes from doing 25%−10%=15%25\% - 10\% = 15\% on the CP. The 10% discount is on the MP of ₹1,000, not on the CP.

Concept
Markup followed by discount
Typical time
40 s
Your time
—
The rule this testsMarked price and discount
Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.

Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.