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

    Question

    The marked price of an article is Rs. 400 more than its

    cost price. The article is sold at 25% discount such that the seller earns a profit of Rs. 25. Find the marked price of the article.
    A Rs. 1400 Correct Answer Incorrect Answer
    B Rs. 1550 Correct Answer Incorrect Answer
    C Rs. 1440 Correct Answer Incorrect Answer
    D Rs. 1500 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. x. Then, marked price of the article = Rs. x + 400 Selling price of the article = 0.75 (x + 400) (given that discount is 25%) ATQ; 0.75 × (x + 400) = x + 25 Or, 0.75x + 300  = x + 25 Or, 0.25x = 275 So, x = 1100 So, marked price of the article = 1100 + 400 = Rs. 1500

    Practice Next

    Relevant for Exams: