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

    Question

    A shopkeeper purchased an article for Rs. ‘a’ and

    marked it 140% above its cost price and sold it after giving two successive discounts of  Rs270 and 20%, respectively and earned a profit of Rs. 4a/5. Find the marked price of the article.
    A Rs. 4550 Correct Answer Incorrect Answer
    B Rs. 2200 Correct Answer Incorrect Answer
    C Rs. 4800 Correct Answer Incorrect Answer
    D Rs. 4320 Correct Answer Incorrect Answer

    Solution

    Selling price of the article = a + (4a/5) = Rs. (9a/5) So, (9a/5) = (2.4 × a – 270) × 0.80 Or, 1.8a = (2.4a – 270) × 0.80 Or, 2.25a = 2.4a – 270 Or, 0.15a = 270 Or, a = 1800 So, marked price of the article = 2.4 × 1800 = Rs. 4320

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