Question

    A dealer sold an article for Rs. 546 after allowing a

    discount of 30% 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. 80 Correct Answer Incorrect Answer
    B Rs. 85 Correct Answer Incorrect Answer
    C Rs. 82 Correct Answer Incorrect Answer
    D Rs. 81 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 546 ÷ 0.7 = Rs. 780 Cost price of the article = 546 ÷ 0.78 = Rs. 700 Required difference = 780 – 700 = Rs. 80

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