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    Question

    An item is marked at 25% above its cost price. A

    discount is given on the marked price, and the profit earned from selling the item is three-fifths of the discount given. If the profit is ₹126, what is the marked price of the item?
    A Rs 1728 Correct Answer Incorrect Answer
    B Rs 1420 Correct Answer Incorrect Answer
    C Rs 1680 Correct Answer Incorrect Answer
    D Rs 1500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit = SP - CP = 126

    SP = 126 + CP

    Then, discount = 126 * 5/3 = 210

    MP = SP + 210

    Also, MP = 125% of CP

    Then, 125% of CP = SP + 210

    SP = 1.25CP - 210 = 126 + CP

    CP = 1344

    Therefore, MP = 1.25 * 1344 = Rs.1680

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