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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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