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      Question

      An article is sold at 25% discount. If the profit

      percentage earned on the article is 20% and the article is marked up by Rs. 900 above the cost price, then find the selling price of the article.
      A Rs. 1500 Correct Answer Incorrect Answer
      B Rs. 1800 Correct Answer Incorrect Answer
      C Rs. 2100 Correct Answer Incorrect Answer
      D Rs. 2400 Correct Answer Incorrect Answer

      Solution

      Let the marked price of the article be Rs. x

      Therefore, selling price of the article = Rs. 0.75x

      Cost price of the article = 0.75x/1.20 = Rs. 0.625x

      According to the question,

      (x – 0.625x) = 900

      Or, 0.375x = 900

      Or, x = 900/0.375 = Rs. 2400

      Therefore, selling price of the article = 0.75x = Rs. 1800 

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