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      Question

      A dealer sold an article for Rs. 1619.5 after allowing a

      discount of 21% on its marked price. If the dealer suffered a loss of 18% 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. 75 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 = 1619.5 ÷ 0.79 = Rs. 2050 Cost price of the article = 1619.5 ÷ 0.82 = Rs. 1975 Required difference = 2050 – 1975 = Rs. 75

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