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      Question

      A vendor offers a 15% discount on the marked price of a

      gadget. Even after the discount, he makes a profit of 45%. If the profit amounts to Rs. 1,350, what is the marked price (in Rs.) of the gadget?
      A Rs.5117.65 Correct Answer Incorrect Answer
      B Rs.7251.44 Correct Answer Incorrect Answer
      C Rs.6375.22 Correct Answer Incorrect Answer
      D Rs.5515.55 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of the gadget be Rs. '100x'

      ATQ:

      '100x' ├Ч 0.45 = 1,350

      Or, 45x = 1,350

      Or, x = (1350/45) = 30

      So, the cost price of the gadget = 100x = 100 ├Ч 30 = Rs. 3,000

      So, the selling price of the gadget = 3,000 + 1,350 = Rs. 4,350

      Required marked price of the gadget = 4350 ├╖ 0.85 = Rs. 5,117.65

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