๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      A shopkeeper marks an article 40% above its cost price

      and allows a discount of 15% on the marked price. If the selling price of the article is Rs. 714, then what is the cost price of the article?
      A Rs.750 Correct Answer Incorrect Answer
      B Rs.550 Correct Answer Incorrect Answer
      C Rs.250 Correct Answer Incorrect Answer
      D Rs.600 Correct Answer Incorrect Answer

      Solution

      ATQ, Let the cost price be x. Marked price = 140% of x = 1.4x Selling price = 85% of marked price = 85% of 1.4x = 1.19x Given, 1.19x = 714 x = 714 / 1.19 = 600 Hence, the correct answer is Rs. 600.

      Practice Next

      Relevant for Exams:

      ask-question