📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      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

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question