1.

Rekha offers a discount of 10% on mark price an article and still makes a profit of 25%. If cost price of article is Rs. 360, what is mark price of the article?1. Rs. 4502. Rs. 4603. Rs. 4864. Rs. 500

Answer» Correct Answer - Option 4 : Rs. 500

Given-

Discount% = 10%

Profit% = 25%

CP = 360

Formula Used-

Discount% = (MP – SP)/MP × 100  [where MP = Marked Price and SP = Selling Price] 

Profit% = (CP - SP)/CP × 100       [where CP = Cost Price and SP = Selling Price]

Calculation-

Let the Marked Price be 100x

SP = 100x(1 - 10/100)

⇒ 90x

According to Condition -

90x = 360 × (1 + 25/100)

⇒ 90x = 360 × 5/4

⇒ 90x = 450

⇒ x = 5

∴ Marked Price of the article = 100 × 5

⇒ Rs. 500 



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