Rakesh yadav buys an article with a discount of 25% on its marked price. He makes a profit of 10% by selling it at Rs. 660. The marked price of the article was ?
A. Rs. 600
B. Rs. 700
C. Rs. 800
D. Rs. 685
Answer: Option C
Solution(By Examveda Team)
Selling price of an article = Rs. 660$$\eqalign{ & {\text{Cost price of an article}} \cr & = 660 \times \frac{{100}}{{110}} \cr & = {\text{Rs}}{\text{. 600}} \cr & {\text{Marked price of an article}} \cr & = 600 \times \frac{{100}}{{75}} \cr & = {\text{Rs}}{\text{. 800}} \cr} $$
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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