ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Marked price of an article is Rs.800 more than the cost

    price. When the same article is sold at a discount of Rs.400, the profit percent earned is 25%. To earn a profit of 30%, at what price the article should be sold?
    A 2360 Correct Answer Incorrect Answer
    B 2080 Correct Answer Incorrect Answer
    C 2540 Correct Answer Incorrect Answer
    D 2290 Correct Answer Incorrect Answer
    E 2100 Correct Answer Incorrect Answer

    Solution

    Let CP of an article be Rs.x And MP = Rs.(800 + x) According to question, => (800 + x) – 400 = [x × 125/100] => 400 + x = 5x/4 => x = 1600 SP of an article = [(100 + 30)/100] × 1600 = Rs.2080

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question