"A shopkeeper purchased an article for Rs. X and marked
it 175% above its cost price. He then sold it after giving two successive discounts of 40% and 20%, respectively, and earned a profit of Rs. 4a/5. Find the marked price of the article."
ARs. 4550Correct AnswerIncorrect Answer
BRs. 2200Correct AnswerIncorrect Answer
CRs. 4800Correct AnswerIncorrect Answer
DRs. 4700Correct AnswerIncorrect Answer
ERs. 4320Correct AnswerIncorrect Answer
Solution
Selling price of the article = a + (4a/5) = Rs. (9a/5) So, (9a/5) = (2.75 × a)/400 × 0.80 Or, 1.8a = (2.75a /400) × 0.80 Or, 2.25a = 2.75a / 400 Or, 0.5a = 400 Or, a = 800 So, marked price of the article = 2.75 × 800 = Rs. 2200