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    Question

    The marked price of an article is Rs. 120 more than its cost price. The article is sold at 50% discount such that the seller earns a profit of Rs. 20. Find the marked price of the article.

    A Rs. 250 Correct Answer Incorrect Answer
    B Rs. 210 Correct Answer Incorrect Answer
    C Rs. 200 Correct Answer Incorrect Answer
    D Rs. 500 Correct Answer Incorrect Answer
    E Rs. 312.50 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. ‘x’. Then, marked price of the article = Rs. ‘x + 120’ Selling price of the article = Rs. (x + 20) ATQ; 0.5 × (x + 120) = x + 20 Or, 0.5x + 60 – x = 20 Or, 0.5x = 40 So, x = 80 So, marked price of the article = 80 + 120 = Rs. 200

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