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The cost price of an article was Rs. 1,560. If the dealer wanted to earn a profit of 10% after giving a discount of 30%, the marked price should be1). Rs. 2,4512). Rs. 2,4003). Rs. 2,4204). Rs. 2,200 |
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Answer» If the DEALER wants a profit of 10%, SELLING Price = 1,560 + 10% of 1,560 = 1,716 According to the given CONDITION, the above cost is obtained after giving 30% discount on Marked price Let the marked price be ‘X’ ∴ x – 30% of x = 1,716 ∴ 0.7x = 1,716 ∴ x ≈ 2451 ∴ The marked price of the ARTICLE is Rs. 2,451 |
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