QA – Placement Quizzes | Profit and Loss | Question 9

Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is selling price of the shirt?

(A) 450
(B) 430
(C) 420
(D) 460


Answer: (B)

Explanation: SP = CP + Profit = 400 +30 = 430

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