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      Question

      A dealer is selling an article at a discount of 5% on

      the Marked price. If the Marked price is 12% above the cost price and the article was sold for Rs. 532 then the cost price is (in Rs.)
      A 500 Correct Answer Incorrect Answer
      B 525 Correct Answer Incorrect Answer
      C 505 Correct Answer Incorrect Answer
      D 520 Correct Answer Incorrect Answer

      Solution

      5% =1/20 and 12% = 3/25 SP of the book = 532 MP of the book = 532 x (20/19)   CP of the book = 532 x (20/19) × (25/28) =28×20×25/28 =20×25 = Rs. 500

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