Question

A shopkeeper marks up an item by 25%. If he

Q: Answer-A shopkeeper marks up an item by 25%. If he increases the discount from 11% to 15%, the profit will...

Let, cost price of item be Rs. x. So, mark price Rs. 1.25x According to question, 1.25x 0.89 ndash 0.85 90 1.25x 2250 x 1800 Therefore, required selling price 1800 times 1.45 Rs. 2610

increases the discount from 11% to 15%, the profit will decrease by Rs. 90. Find the selling price of the item in order to earn a profit of 45%.

A Rs. 4400

B Rs.4900

C Rs. 3170

D Rs. 2610

E Rs. 1350

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A shopkeeper marks up an item by 25%. If he

Solution