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    Question

    A shopkeeper marks up an item by 25%. If he

    increases the discount from 11% to 15%, the profit will decrease by Rs. 90. Find the selling price of the item in order to earn a profit of 45%.
    A Rs. 4400 Correct Answer Incorrect Answer
    B Rs.4900 Correct Answer Incorrect Answer
    C Rs. 3170 Correct Answer Incorrect Answer
    D Rs. 2610 Correct Answer Incorrect Answer
    E Rs. 1350 Correct Answer Incorrect Answer

    Solution

    Let, cost price of item be Rs. x.
    So, mark price = Rs. 1.25x
    According to question,
    1.25x [0.89 – 0.85] = 90
    1.25x = 2250
    x = 1800
    Therefore, required selling price = 1800 × 1.45 = Rs. 2610

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