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    Question

    A merchant sold a product after allowing a discount of 25%

    and earned a profit of Rs. 45. If he had sold it for Rs. 150 more, he would have earned a profit of 25%. Find the marked price of the product.
    A 1000 Correct Answer Incorrect Answer
    B 1100 Correct Answer Incorrect Answer
    C 1500 Correct Answer Incorrect Answer
    D 1800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,
    Let the marked price of the product be Rs. x.

    Selling price of the product = 0.75 × x = Rs. 0.75x

    Cost price of the product = Rs. (0.75x – 45)

    According to the question;

    1.25 × (0.75x – 45) = 0.75x + 150

    Or, 0.1875x = 206.25

    Or, x = 1100

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