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

    Practice Next

    Relevant for Exams: