Question

While selling a Bike, Neil gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike is

A Rs. 2250 Correct Answer Incorrect Answer
B Rs.1850 Correct Answer Incorrect Answer
C Rs.1400 Correct Answer Incorrect Answer
D Rs.1750 Correct Answer Incorrect Answer

Solution

Let the Marked price of the Bike be x After Discount of 20% Selling price = 80x/100 After Discount of 24% Selling price = 76x/100 According to the question 80x/100 - 76x/100 = 70 4x/100 = 70 x = Rs. 1750

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