📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The marked price of an item is initially raised by Rs.

    200. Subsequently, this new price is further increased by 25%. If the item is sold after a discount of Rs. 250, resulting in a profit of 25% based on the original cost price, what was the cost price of the item?
    A Rs. 600 Correct Answer Incorrect Answer
    B Rs. 1600 Correct Answer Incorrect Answer
    C Rs.1400 Correct Answer Incorrect Answer
    D Rs. 800 Correct Answer Incorrect Answer
    E cannot be determined Correct Answer Incorrect Answer

    Solution

    Let the original marked price of the article be Rs. x According to the question, SP of article = 1.25(x + 200) – 250 = 1.25x Therefore, cost price of the article cannot be determined. Hence, option e.

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question