A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he NOT allowed any discount, be would have earned a profit of 20% on the cost price. What is the cost price of the item?
A. Rs. 500
B. Rs. 640
C. Rs. 540
D. Rs. 600
Answer: Option A
This Question Belongs to Arithmetic Ability >> True Discount
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
Join The Discussion