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      Question

      A dealer sold an article for Rs. 1306.5 after allowing a

      discount of 33% on its marked price. If the dealer suffered a loss of 22% in this transaction, then find the difference (in Rs.) between the cost price and the marked price of the article.
      A Rs. 275 Correct Answer Incorrect Answer
      B Rs. 225 Correct Answer Incorrect Answer
      C Rs. 265 Correct Answer Incorrect Answer
      D Rs. 215 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Marked price of the article = 1306.5 ÷ 0.67 = Rs. 1950 Cost price of the article = 1306.5 ÷ 0.78 = Rs. 1675 Required difference = 1950 – 1675 = Rs. 275

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