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    Question

    The percentage profit earned when an article is sold for

    Rs. 720 is five times the percentage profit earned when the same article is sold for Rs. 600. If the marked price of the article is 30% above the cost price, then what is the marked price of the article?
    A Rs. 776 Correct Answer Incorrect Answer
    B Rs. 700 Correct Answer Incorrect Answer
    C Rs. 716 Correct Answer Incorrect Answer
    D Rs. 741 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price be x. Then, MP = 13x/10 According to the question, 720 – x = 5(600– x) 720 – x = 3000 – 5x 4x = 3000 – 720 x = 570 MP = 13 * 570/10 = Rs. 741

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