Profit & Loss Mcqs
Q. While selling the watch, a shopkeeper gives a discount of 5% if he gives a discount of 7 % he earns Rs. 15 less as profit. The marked price of the watch is:
a. Rs. 697.50
b. Rs. 712.50
c. Rs. 787.50
d. None of these
Marked price is Rs. X
(7% of X) – 15 = 5% of X (Or)
7X/100 – 5X/100 = 15 or X = 750
