Question

A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 30. Find the marked price of the article if cost price of the article is Rs. 500.

A Rs. 652.5 Correct Answer Incorrect Answer
B Rs. 682.5 Correct Answer Incorrect Answer
C Rs. 662.5 Correct Answer Incorrect Answer
D Rs. 692.5 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Selling price of the article = 500 + 30 = Rs. 530 Marked price of the article = 530/0.8 = Rs. 662.5

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