Question
Suppose the seller wants to earn a profit of 20% after
allowing a discount of 25%, what should be the marked price of the article, given that the profit earned on selling it for Rs. 522 is 16%?Solution
ATQ, Cost price of the article = 522 ÷ 1.16 = Rs. 450 So, marked price of the article = 450 × (1.2 ÷ 0.75) = Rs.720
More Profit and loss Questions
Select the correct option that will meet the image pattern of the given image.
Select the appropriate picture to come forward in the given series.
Which of the given figures when placed in the 5th position would continue the series that is established by the first four figures?
If the word 'EXAMINATION' is arranged in alphabetical order from the right end, then which of the following letter will be fourth letter to the right of...
Select the figure from among the given options that can replace the question mark (?) in the following series.
Select an appropriate figure from the four options that would complete the figure.
