While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs. 15 less as profit, what is the marked price of the watch = ?

A. Rs. 1250

B. Rs. 1400

C. Rs. 1500

D. Rs. 750

Answer: Option C

Solution(By Examveda Team)

Let the marked price = 100x
Shop Keeper gives 5% discount, therefore, Price becomes = 95x
Again if shopkeeper gives 6% discount then the price become = 94x
According to the question if he gives 6% discount his earning will Rs.15 less
∴ 95x - 94x = 15
⇒ x = 15
∴ Marked price = 100 × 15 = Rs. 1500