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

    Question

    A shopkeeper sold an article at a discount of 12%. If he

    had given a discount of 8% in place of 12%, then he would have earned Rs. 108 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. 2025 Correct Answer Incorrect Answer
    B Rs. 1080 Correct Answer Incorrect Answer
    C Rs. 1368 Correct Answer Incorrect Answer
    D Rs. 1728 Correct Answer Incorrect Answer
    E Rs. 1680 Correct Answer Incorrect Answer

    Solution

    Let the marked price of the article is Rs. ‘x’. According to the question; 0.92x – 0.88x = 108 Or, 0.04x = 108 Or, x = 108/0.04 = 2700 Cost price of the article = (75/100) × 2700 = Rs. 2025

    Practice Next

    Relevant for Exams: