Quantitative Aptitude · Profit & Loss
A shopkeeper buys an article for ₹600 and sells it at a 20% profit. Later, he offers a 10% discount on the marked price to a customer. What is the final selling price of the articl
Question
A shopkeeper buys an article for ₹600 and sells it at a 20% profit. Later, he offers a 10% discount on the marked price to a customer. What is the final selling price of the article?
Options
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Explanation
Explanation:
Step 1: Calculate the selling price at 20% profit
The selling price (SP) formula:
Substitute the values:
So, the marked price (MP) is ₹720.
Step 2: Apply 10% discount on the marked price
Final selling price after discount:
Substitute the values:
✅ Answer
₹648 (Option A)