14 What was the marked price? 8) The cost price of an article is 500. The shopkeeper marks it at a certain price and then gives a discount of 20% on it. If after the discount, he still gets a profit of 10%, find the marked price. 10

14 What was the marked price? 8) The cost price of an article is 500.

1.	14 What was the marked price? 8) The cost price of an article is 500. The shopkeeper marks it at a certain price and then gives a discount of 20% on it. If after the discount, he still gets a profit of 10%, find the marked price. 10
Answer» <html><body><p><strong>Answer:</strong><a href="https://interviewquestions.tuteehub.com/tag/shopkeeper-1205634" style="font-weight:bold;" target="_blank" title="Click to know more about SHOPKEEPER">SHOPKEEPER</a> earns a profit of 10 %</p><p></p><p>Hence, SP = <a href="https://interviewquestions.tuteehub.com/tag/500-323288" style="font-weight:bold;" target="_blank" title="Click to know more about 500">500</a>*110/100 = <a href="https://interviewquestions.tuteehub.com/tag/rs-625947" style="font-weight:bold;" target="_blank" title="Click to know more about RS">RS</a>. <a href="https://interviewquestions.tuteehub.com/tag/overline-v-ca-right-550-325403" style="font-weight:bold;" target="_blank" title="Click to know more about 550">550</a></p><p></p><p>Hence, Marked Price - 20 % of Marked Price = 550</p><p></p><p> Hence, Marked Price = Rs. 687.5</p></body></html>