Question

    A shopkeeper sold an article at a discount of 14%. If he

    had given a discount of 8.5% in place of 14%, then he would have earned Rs. 143 more. If the cost price of the article is 20% less than its marked price, then find the cost price of the article.
    A Rs. 2,025 Correct Answer Incorrect Answer
    B Rs. 1,650 Correct Answer Incorrect Answer
    C Rs. 2,080 Correct Answer Incorrect Answer
    D Rs. 1,800 Correct Answer Incorrect Answer
    E Rs. 1,600 Correct Answer Incorrect Answer

    Solution

    Let the marked price of the article is Rs. ‘x’. According to the question; 0.915x – 0.86x = 143 Or, 0.055x = 143 Or, x = 143/0.055 = 2600 Cost price of the article = (80/100) × 2600 = Rs. 2,080

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