ExamVeda
Login
Home

An umbrella marked at Rs 80 is sold for Rs 68...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

An umbrella marked at Rs. 80 is sold for Rs. 68. The following rate of discount is:

Answer & Solution
Correct Answer: Option A
$$\eqalign{ & {\text{Rate of discount}} \cr & = \left( {\frac{{12}}{{80}} \times 100} \right)\% \cr & = 15\% \cr} $$
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Profit and Loss

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A. 45 : 56 B. 45 : 51 C. 47 : 56 D. 47 : 51
By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
A. Rs. 2600 B. Rs. 2700 C. Rs. 2800 D. Rs. 3000
A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
A. A neither losses nor gains B. A makes a profit of 11% C. A makes a profit of 20% D. B loses 20%
A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was:
A. Rs. 3,750 B. Rs. 3,250 C. Rs. 2,750 D. Rs. 2,250
More Related Questions on Profit and Loss