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    Question

    Marked price of an article is Rs.1360 more than the cost

    price. When the same article is sold at a discount of Rs.100, the profit percent earned is 20%. To earn a profit of 30%, at what price the article should be sold?
    A 8020 Correct Answer Incorrect Answer
    B 8190 Correct Answer Incorrect Answer
    C 7150 Correct Answer Incorrect Answer
    D 8500 Correct Answer Incorrect Answer
    E 8320 Correct Answer Incorrect Answer

    Solution

    Let CP of an article be Rs.x And MP = Rs.(1360 + x) According to question, => (1360 + x) тАУ 100 = [x ├Ч 120/100] => 1260 + x = 6x/5 => x = 6300 SP of an article = [(100 + 30)/100] ├Ч 6300 = Rs.8190

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