📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A vendor makes a profit of 20% by selling a product for Rs.

    180. If he aims to achieve a profit of 35% while giving a discount of 20%, what should be the marked price of the product?
    A Rs.555.055 Correct Answer Incorrect Answer
    B Rs.725.225 Correct Answer Incorrect Answer
    C Rs.375.165 Correct Answer Incorrect Answer
    D Rs.253.125 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Cost price of the product = 180 ÷ 1.20 = Rs. 150

    New selling price of the product = 150 × 1.35 = Rs. 202.5

    Marked price of the product = 202.5 ÷ 0.80 = Rs. 253.125

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question