An item costing ` 3000 is sold at a certain discount. Find the rate of discount offered. I. The profit earned… · ABC26GN2904

Subject: General Aptitude · Chapter: Profit and Loss

An item costing ` 3000 is sold at a certain discount. Find the rate of discount offered. I. The profit earned after discount is 5%. II. Had the discount rate been doubled, the seller incurs a loss of 15%. III. The item is marked at a price 25% above the cost price.
(a)Only I and II
(b)Only II and III
(c)Only I and III
(d)All I, II and III
(e)Any two of the three
Answer
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Explanation
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