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      Question

      Amit sold an electric-iron for ₹ 2,656 after giving a

      discount of 17% on the marked price. Had he not given the discount, he would have earned a profit of 28%. What is the cost price (in ₹) of the electric iron?
      A 2250 Correct Answer Incorrect Answer
      B 2500 Correct Answer Incorrect Answer
      C 2675 Correct Answer Incorrect Answer
      D 1800 Correct Answer Incorrect Answer

      Solution

      Solution-Let Market Price =100

      After 17% discount selling price =100-17=83

      ATQ-

      83=2656

      1=32

      100=3200.

      Had he not given the discount, he would have earned a profit of 28%=100+28=128

      128=3200

      1= (3200)/128=25

      100=2500.

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