Question

    The marked price of an article is Rs. 350 more than its

    cost price. The article is sold at 60% discount such that the seller earns a profit of Rs. 25. Find the marked price of the article.
    A Rs. 250 Correct Answer Incorrect Answer
    B Rs. 810.50 Correct Answer Incorrect Answer
    C Rs. 812.50 Correct Answer Incorrect Answer
    D Rs. 500 Correct Answer Incorrect Answer
    E Rs. 450 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. lsquo;xrsquo;. Then, marked price of the article = Rs. lsquo;x + 350rsquo; Selling price of the article = Rs. (x + 25) ATQ; 0.60 times; (x + 350) = x + 25 Or, 0.6x + 210 ndash; x = 25 Or, 0.4x = 185 So, x = 462.5 So, marked price of the article = 462.5 + 350 = Rs. 812.50

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