New 55% Off on All Courses - Enroll Now! Click Here

    Question

    After allowing a 10% discount on the marked price of an

    article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is Rs 300?
    A Rs 400 Correct Answer Incorrect Answer
    B Rs 375 Correct Answer Incorrect Answer
    C Rs 320 Correct Answer Incorrect Answer
    D Rs 350 Correct Answer Incorrect Answer

    Solution

    CP =300 SP at the 5% Profit =300×105/100 SP =105×3=315 Rs. Let Marked price =100. SP after 10% discount =90 ATQ-   90 =315 unit 1=3.5unit. Then MP =3.5×100=350Rs. type -2. CP =300 SP at the 5% Profit =300×105/100 SP =105×3=315 Rs. MP =(SP×100)/(100-discount%) =31500/90 =350Rs.

    Practice Next

    Relevant for Exams: