1.

A shopkeeper buys an article for Rs 360. He wants to make a profit of 25% on it after a discount of 10%. The Marked Price is:‐1. Rs. 4862. Rs. 4503. Rs. 5004. Rs. 460

Answer» Correct Answer - Option 3 : Rs. 500

Given:

Cost price of the article = Rs. 360

Profit = 25%

Discount = 10%

Formula used:

M.P/C.P = (100 + Profit%)/(100 – Discount%)

Calculation:

M.P/C.P = (100 + Profit%)/(100 – Discount%)

M.P/360 = (100 + 25)/(100 - 10)

⇒ M.P = (125 × 360)/90

⇒ M.P = Rs. 500



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