Question

    What price should a shopkeeper mark on an article

    costing him 300 to gain 40% after allowing a discount of 30%?
    A Rs. 600 Correct Answer Incorrect Answer
    B Rs. 620 Correct Answer Incorrect Answer
    C Rs. 630 Correct Answer Incorrect Answer
    D Rs. 650 Correct Answer Incorrect Answer

    Solution

    CP = Rs. 300 SP = 140 × 300/100 = Rs. 420 MP = 100/70 × 420 = Rs. 600

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