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    Question

    A person purchased an article for Rs. 2300 which was

    marked up by 25% above its cost price. The discount given by seller to person was Rs. 150. By how much more price, should the seller have sold to gain 22%?
    A 90.2 Correct Answer Incorrect Answer
    B 71.2 Correct Answer Incorrect Answer
    C 91.2 Correct Answer Incorrect Answer
    D 41.2 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 2300 + 150 = Rs. 2450 Cost price of the article= 2450/1.25 = Rs. 1960 Required selling price = 1.22 × 1960 = Rs. 2391.20 Required amount = 2391.20 – 2300 = Rs. 91.2

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