Question

    A shopkeeper sold an article after giving a discount of

    20% and made a profit of Rs. 60. Find the marked price of the article if cost price of the article is Rs. 500.
    A Rs. 700 Correct Answer Incorrect Answer
    B Rs. 750 Correct Answer Incorrect Answer
    C Rs. 720 Correct Answer Incorrect Answer
    D Rs. 730 Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 500 + 60 = Rs. 560 Marked price of the article = 560/0.8 = Rs. 700

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