Question
A person purchased an article for Rs. 2200 which was
marked up by 25% above its cost price. The discount given by seller to person was Rs. 50. By how much more price, should the seller have sold to gain 30%?Solution
Marked price of the article = 2200 + 50 = Rs. 2250 Cost price of the article= 2250/1.25 = Rs. 1800 Required selling price = 1.3 × 1800 = Rs. 2340 Required amount = 2340 – 2200 = Rs. 140
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