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    Question

    The cost price of an article is Rs. 5500 and a

    shopkeeper wants to earn 16% 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. 7975 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. 5500 Selling price = 5500 × 116% = Rs. 6380 Marked price = 6380/80 × 100 = Rs. 7975

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