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    Question

    A shopkeeper marked up an article 60% above cost price

    and sells it at Rs. 960 after allowing discount of 25%. Find marked price of article, if profit of shopkeeper is Rs. 160?
    A Rs.1160 Correct Answer Incorrect Answer
    B Rs.1280 Correct Answer Incorrect Answer
    C Rs.1320 Correct Answer Incorrect Answer
    D Rs.1480 Correct Answer Incorrect Answer
    E Rs.1200 Correct Answer Incorrect Answer

    Solution

    Let cost price of article = Rs 100x And marked price of article = Rs 160x According to question, => 100x = 960 – 160 => 100x = 800 => x = 8 Marked price = Rs. 1280

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