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What is the labelled price of the article? I. Cost price of the article is Rs.500/. II. Selling price after offering `5%` discount on the labelled price is Rs. 608/. III. Profit earned would have been `28%` in no discount was offered.A. Only IB. Only IIC. Only II & IIID. Only I and II |
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Answer» Correct Answer - D Let the marked price of the article be Rs. X. From statement II. `(95xx x)/(100)=608" "impliesx=(608xx100)/(95)=Rs.640` From statements I and III, Marked price `=(128xx500)/(100)=Rs.640` So statemetn II is sufficient to give the answer. |
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