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      Question

      A dealer grants a 35% discount on the marked price of a

      furniture item. After giving the discount, he gains a profit of 30%. If his profit is Rs. 900, what is the marked price (in Rs.) of the furniture item?
      A Rs.6485 Correct Answer Incorrect Answer
      B Rs.6000 Correct Answer Incorrect Answer
      C Rs.6375 Correct Answer Incorrect Answer
      D Rs.6515 Correct Answer Incorrect Answer

      Solution

      ATQ,

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

      ATQ:

      '100x' × 0.3 = 900

      Or, 30x = 900

      Or, x = (900/30) = 30

      So, the cost price of the furniture = 100x = 100 × 30 = Rs. 3,000

      So, the selling price of the furniture = 3,000 + 900 = Rs. 3,900

      Required marked price of the furniture = 3900 ÷ 0.65 = Rs. 6,000

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