Question : A shopkeeper listed the marked price of a chair at a certain amount. If the shopkeeper declares a 15% discount and sells it at Rs.1,445. What is the marked price?
Option 1: Rs. 1,750
Option 2: Rs. 1,800
Option 3: Rs. 1,700
Option 4: Rs. 1,850
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Correct Answer: Rs. 1,700
Solution : Selling price = Rs. 1445 Discount = 15% of marked price Now, selling price = marked price – discount ⇒ 85% of marked price = 1445 So, the marked price = $\frac{144500}{85}$ = Rs. 1,700 Hence, the correct answer is Rs. 1,700.
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Question : If a shopkeeper marks his goods for a certain amount to get a 25% gain after allowing a discount of 20%, if the cost price of an article is Rs. 100, then his marked price of that article is:
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Question : The marked price of a chair is Rs. 2,400, which is 20% above the cost price. If the chair is sold at a discount of 10% on the marked price, what is the profit percentage?
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