By Poonam

Verified by Ajay Kumar

A shopkeeper marks up his goods by 20% and then offers a discount of 10%. If the cost price is ₹500, what is the selling price?

  1. ₹550

  2. ₹540

  3. ₹600

  4. ₹450

Answer: B

Solution

Marked price = ₹500 × 120/100 = ₹600. Selling price after a 10% discount = ₹600 × 90/100 = ₹540.

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