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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' Ă— 0.45 = 1,350

    Or, 45x = 1,350

    Or, x = (1350/45) = 30

    So, the cost price of the gadget = 100x = 100 Ă— 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 Ă· 0.85 = Rs. 5,117.65

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