Practicing Success
The cost price of an article is ₹250. A shopkeeper gains 20% by selling it at a discount of 36% on its marked price. What is the marked price (in ₹) of the article? |
450 380.50 475 468.75 |
468.75 |
CP and MP = (100 – D)% : (100 + Gain)% (100 – 36) : (100 + 20) 64 : 120 Now, According to the question 64% = 250 Then, 120% = (\(\frac{250}{64}\) × 120) = \(\frac{30000}{64}\) = 468.75 |