QA – Placement Quizzes | Profit and Loss | Question 7

For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is marked price

(A) 480
(B) 500
(C) 520
(D) 600


Answer: (A)

Explanation: MP= CP +Markup = 400+80 = 480

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