Question

    A shopkeeper earns a profit of 26% by selling an article

    for Rs. 252. To achieve a 42% profit even after offering a 29% discount on the marked price, what should be the marked price of the article?
    A Rs. 400 Correct Answer Incorrect Answer
    B Rs. 350 Correct Answer Incorrect Answer
    C Rs. 420 Correct Answer Incorrect Answer
    D Rs. 380 Correct Answer Incorrect Answer

    Solution

    Cost price of the article = 252 ÷ 1.26 = Rs. 200 New selling price of the article = 200 × 1.42 = Rs. 284 So, marked price of the article = 284 ÷ 0.71 = Rs. 400

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