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    Question

    A seller marked an article 60% above its cost price and

    sold it after allowing 20% discount. If he made a profit of Rs. 56, then find the difference between selling price and marked price of the article.
    A Rs 60 Correct Answer Incorrect Answer
    B Rs 62 Correct Answer Incorrect Answer
    C Rs 64 Correct Answer Incorrect Answer
    D Rs 66 Correct Answer Incorrect Answer
    E Rs 68 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. тАШ2xтАЩ
    So, marked price of the article = 2x ├Ч 1.6 = Rs. тАШ3.2xтАЩ
    Selling price of the article = 3.2x ├Ч 0.8 = Rs. тАШ2.56xтАЩ
    Profit = 2.56x тАУ 2x = Rs. тАШ0.56xтАЩ
    ATQ; 0.56x = 56
    тЗТ x = 100
    Marked Price = 100 ├Ч 3.2 = Rs. 320
    Selling Price = 100 ├Ч 2.56 = Rs. 256
    Required difference = 320 тАУ 256 = Rs. 64

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