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      Question

      Anita sold a necklace after giving a discount of 15% and

      earned a profit of Rs. 850. If she had sold it for Rs. 200 less, she would have earned a profit of 25%. Find the cost price of the necklace.
      A Rs.2200 Correct Answer Incorrect Answer
      B Rs.1500 Correct Answer Incorrect Answer
      C Rs.3200 Correct Answer Incorrect Answer
      D Rs.2600 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Selling price after 15% discount = 85x Cost price C=85x−850 From the condition: 1.25×C=85x−200 1.25×(85x−850)=85x−200 106.25x−1062.5=85x−200 21.25x=862.5 x= 40.59 So, the cost price C=85×40.59−850=Rs.2600

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