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

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