Question

    A gadget costing Rs. 3,500 is sold after offering a discount of 15%. If a profit of 25% is made on the sale, what is the marked price of the gadget?

    A Rs.5,205.06 Correct Answer Incorrect Answer
    B Rs.5,147.06 Correct Answer Incorrect Answer
    C Rs.4,147.06 Correct Answer Incorrect Answer
    D Rs.3,347.06 Correct Answer Incorrect Answer

    Solution

    ATQ, Selling price of the gadget = 3,500 × 1.25 = Rs. 4,375 So, marked price of the gadget = 4,375 × (20/17) = Rs. 5,147.06

    Practice Next