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A dealer allows a discount of 15 A customer pays an...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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A dealer allows a discount of 15%. A customer pays an amount of Rs. 318.75 for an article. At what price is the article listed ?

Answer & Solution
Correct Answer: Option B
$$15\% = \frac{3}{{20}},$$
Cost Price       Selling Price
$$\mathop { \downarrow \times 18.75}\limits_{375\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,}^{20\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,} $$       $$\mathop { \downarrow \times 18.75}\limits_{318.75\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,}^{17\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,} $$

Article listed price is Rs. 375.00
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