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    Question

    A manufacturer earns a profit of 32% by selling a machine

    for Rs. 396. If he plans to make a profit of 48% while offering a discount of 20%, what should be the marked price of the machine?
    A Rs.555 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 machine = 396 ÷ 1.32 = Rs. 300

    New selling price of the machine = 300 × 1.48 = Rs. 444

    Marked price of the machine = 444 ÷ 0.80 = Rs. 555

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