New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Ratio of cost price and marked price of an article is

    1:3. If profit obtained is Rs. 3500 then the profit percentage is 50%. If discount is 10%, find the selling price of article.
    A Rs.16400 Correct Answer Incorrect Answer
    B Rs.21600 Correct Answer Incorrect Answer
    C Rs.19800 Correct Answer Incorrect Answer
    D Rs.18900 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price be Rs. x. According to question, => 50% of x = 3500 => x = 3500 × 2 = Rs. 7000 Marked price = 3 × 7000 = Rs. 21000 Selling price when discount is 10% = 21000 × (90/100) = Rs. 18900

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