Q. 63.6( 7 Votes )

Out of the four options, only one is correct. Write the correct answer.

To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which costs him Rs 360 as
A. Rs 500

B. Rs 450

C. Rs 460

D. Rs 486

Answer :

Let the marked price of the article be ₹x.

Cost price of the article = ₹360

According to the question,

= 360

= 360

Because discount is always calculated on marked price and profit is always calculated on cost price.

= 360

9x = 450 × 10

x = ₹500

So, the marked price is ₹500.

Hence, option (a) is correct.

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