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Ravi buys an article with a discount of 25% on its marked price. He makes a profit of 10% by selling it at Rs. 660. What was the marked price of the article?1). Rs. 6002). Rs. 7003). Rs. 8804). Rs. 800 |
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Answer» Selling price of article = Rs. 660 Profit = 10% Profit% = (SP - CP)/CP × 100 10 = (660-CP)/CP × 100 ⇒CP = 660 × 100/110 = Rs. 600 Discount% = (MP - CP)/MP × 100 Let the marked price be Rs. X and discount is 25% 25 = (X - 600)/X × 100 (X - 600) = X/4 ⇒ X = Rs. 800 Marked price = Rs. 800 |
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