A shopkeeper offers 10% discount on the marked price of his articles and still makes a profit of 20%. What is the actual cost of the article marked Rs. 500 for him ?
A. Rs. 440
B. Rs. 425
C. Rs. 400
D. Rs. 375
Answer: Option D
Solution(By Examveda Team)
$$\eqalign{ & {\text{Marked price of article }} \cr & = {\text{Rs}}{\text{. 500}} \cr & {\text{Selling price of article }} \cr & = {\text{90% }}\,{\text{of}}\,{\text{500}} \cr & = \frac{{90}}{{100}} \times 500{\text{ }} \cr & = {\text{Rs}}{\text{. 450}} \cr & {\text{Cost price of article }} \cr & = 450 \times \frac{{100}}{{120}}{\text{ }} \cr & = {\text{Rs}}{\text{. 375}} \cr} $$Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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