What price should a shopkeeper mark on an article costing him Rs 153 to gain 20% after allowing a discount of 15 %?

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100 Questions 100 Marks 60 Mins

Given:

Cost price = Rs. 200

Gain% = 35%

Discount % = 25%

Formula Used:

Marked price = Selling price × 100/(100 - discount%)

Selling price = Cost price × (100 + gain%)/100

Calculation:

Selling price = 200 × (100 + 35 )/100 = Rs.270

Marked price = 270 × 100/(100 - 25 ) = Rs.360

∴ The price should a shopkeeper mark on a product is Rs.360.

Shortcut Trick

Marked price =  200 × (100 + 35 )/100 × 100/(100 - 25 ) = Rs.360

∴ The price should a shopkeeper mark on a product is Rs.360.

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What price should a shopkeeper mark on an article costing him rupees $$153$$ to gain $$20\%$$ after allowing a discount of $$15\%$$

  • A

    Rs. $$200$$
  • B

    Rs. $$216$$
  • C

    Rs. $$260$$
  • D

    Rs. $$280$$


Correct Answer:

Description for Correct answer:

According to question, CP = Rs.153, Gain 20%Therefore, S.P. = \( \Large 153 \times 1.2 \) = Rs.183.60Let the marked price be Rs,xthen \( \Large x \times 0.85 \) = Rs.183.60

x = \( \Large \frac{183.60}{0.85} \) = Rs.216


Part of solved Discount questions and answers : >> Aptitude >> Discount

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