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      Question

      A shopkeeper bought an article for Rs. 18,000. He marked

      the article x% above the cost price and sold it after two consecutive discounts of 10% and 25%. Find the value of ‘x’ if in this transaction he had a profit of Rs. 468.
      A 45% Correct Answer Incorrect Answer
      B 48% Correct Answer Incorrect Answer
      C 50% Correct Answer Incorrect Answer
      D 52% Correct Answer Incorrect Answer
      E 55% Correct Answer Incorrect Answer

      Solution

      Marked price of the article = 18000 × (100 + x)/100 = Rs. ‘18,000 + 180x’
      Selling price of the article = Rs. ‘18000 + 468’ = Rs. 18468
      Also, Selling price of the article = (18000 + 180x) × 0.75 × 0.90 =
      12150 + 121.5x = 18468
      121.5x = 6318
      x = 52
      So the value of x = 52%

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