Question : Raghu sold an article for INR 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?
Option 1: INR 187.50
Option 2: INR 192.80
Option 3: INR 188.60
Option 4: INR 190.40
Correct Answer: INR 187.50
Solution : Given: After allowing a 20% discount selling price is INR 180. So, 180 = Marked Price – 20% of the Marked Price = 80% of the Marked Price ⇒ Marked Price = $\frac{180}{80}$ × 100 = 225 At no discount 20% profit. So, 225 = 120% of the cost price $\therefore$ cost price = $\frac{225}{120}$ × 100 = INR 187.5 Hence the correct answer is INR 187.5.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : After allowing a 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is INR 648, then its marked price is:
Question : After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is INR 300?
Question : A person bought an article at a 30% discount on its marked price. The person then sold it at 30% profit for INR 427.70. What was the marked price of the article?
Question : A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for INR 1,000 more, he would have made a profit of 40%. The cost price of the article (in INR) is:
Question : An article is sold at a discount of 25% and an additional discount of 28% is allowed on cash payment. If Ramendra purchased the article by paying INR 10,800 in cash, then what was the marked price of the article?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile