Question

A shopkeeper allows a discount of 12% to his customers and still gains 18%. Find the marked price of an article which costs Rs.528 to the shopkeeper. (Answer to the nearest rupees)

A 708 Correct Answer Incorrect Answer
B 710 Correct Answer Incorrect Answer
C 609 Correct Answer Incorrect Answer
D 709 Correct Answer Incorrect Answer

Solution

Let the marked price = 100Rs discount = 12% SP = 88 Rs customer gain profit = 18% So now CP = (88×100)/118 CP =74.5 Rs But ATQ- CP= 528 74.5 = 528 1 = 7.08 Then marked price =100 = 7.08×100 =708 Rs

Practice Next

Relevant for Exams:

×
×