Question

    A trader can make a profit of 30% by selling an item for

    Rs. 325. If he wants to make a profit of 50% even after allowing a discount of 25%, then at what price should he mark the item?
    A Rs.500 Correct Answer Incorrect Answer
    B Rs.725 Correct Answer Incorrect Answer
    C Rs.375 Correct Answer Incorrect Answer
    D Rs.650 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Cost price of the item = 325 ÷ 1.30 = Rs. 250

    New selling price of the item = 250 × 1.50 = Rs. 375

    Marked price of the item = 375 ÷ 0.75 = Rs. 500

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