MCQOPTIONS
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| 1. |
A merchant fixes the selling price of an article Rs. 1260 after adding 20% profit on the cost price. As sales were very low at this price, he decided to issue a gift card free of cost to every customer which will give 10% cashback of total shopping amount. If the cost of each card was Rs. 10 then how much profit the merchant made on each article after giving 10% cashback and adding the cost of gift card on that cashback? |
| A. | Rs. 94 |
| B. | Rs. 74 |
| C. | Rs. 84 |
| D. | Rs. 104 |
| E. | None of these |
| Answer» C. Rs. 84 | |