ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    What should be the selling price of an article if a

    storekeeper wants to make a profit of 25%. The article was marked up by 80% above the cost price and discount allowed by the storekeeper is half of the cost price and the storekeeper still made a profit of Rs. 90?
    A Rs.325 Correct Answer Incorrect Answer
    B Rs.355 Correct Answer Incorrect Answer
    C Rs.375 Correct Answer Incorrect Answer
    D Rs.385 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let cost price of article = 100x So, marked price of article = 100x┬а├Ч┬а(180/100) = 180x Discount allowed by the storekeeper = 100x┬а├Ч┬а(1/2) = 50x According to the question, => (180x тАУ 50x) тАУ 100x = 90 => 30x = 90 => x= 3 Cost price of an article = Rs.300 Required selling price = 300┬а├Ч┬а(125/100) = Rs.375

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question