New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A shopkeeper sold an article at a discount of 13%. If he

    had given a discount of 7% in place of 13%, then he would have earned Rs. 108 more. If the cost price of the article is 24% less than its marked price, then find the cost price of the article.
    A Rs 1368 Correct Answer Incorrect Answer
    B Rs 1728 Correct Answer Incorrect Answer
    C Rs 1680 Correct Answer Incorrect Answer
    D Rs 1360 Correct Answer Incorrect Answer

    Solution

    Let the marked price of the article is Rs. ‘x’. According to the question; 0.93x – 0.87x = 108 Or, 0.06x = 108 Or, x = 108/0.06 = 1800 Cost price of the article = (24/100) × 1800 = Rs. 1368

    Practice Next

    Relevant for Exams: