Question

    A person purchased an article for Rs. 1900 which was

    marked up by 25% above its cost price. The discount given by seller to person was Rs. 350. By how much more price, should the seller have sold to gain 24%?
    A 386 Correct Answer Incorrect Answer
    B 332 Correct Answer Incorrect Answer
    C 376 Correct Answer Incorrect Answer
    D 396 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1900 + 350 = Rs. 2250 Cost price of the article= 2250/1.25 = Rs. 1800 Required selling price = 1.24 times; 1800 = Rs. 2232 Required amount = 2232ndash; 1900 = Rs. 332

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