New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A shopkeeper sold an article at a discount of 16%. If he

    had given a discount of 7.5% in place of 16%, then he would have earned Rs. 204 more. If the cost price of the article is 25% 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; 0.925x – 0.84x = 204 Or, 0.085x = 204 Or, x = 204/0.085 = 2400 Cost price of the article = (75/100) × 2400 = Rs. 1,800

    Practice Next

    Relevant for Exams: