📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    A retailer bought a luxury pen after getting a discount

    of 30% on the marked price. He sold the luxury pen to a customer for Rs 4536 and earned a profit of 20% on his cost price. What was the initial marked price of the luxury pen?
    A Rs 4800 Correct Answer Incorrect Answer
    B Rs 5400 Correct Answer Incorrect Answer
    C Rs 6000 Correct Answer Incorrect Answer
    D Rs 7200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of luxury pen = Rs 4536 CP of luxury pen= 4536 x 100/120 = Rs 3780 MP of luxury pen= 3780 x 100/70 = Rs 5400

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question