Question

    The cost price of an article is Rs. 2500 and a

    shopkeeper wants to earn 12% profit on it after giving 20% discount on marked price. Find the marked price of the article.
    A Rs. 3450 Correct Answer Incorrect Answer
    B Rs. 3500 Correct Answer Incorrect Answer
    C Rs. 3960 Correct Answer Incorrect Answer
    D Rs. 4560 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of the article = Rs. 2500 Selling price = 2500 × 112% = Rs. 2800 Marked price = 2800/80 × 100 = Rs. 3500

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