After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is ₹300?
Answer & explanation
Correct answer: option 2
CP of the article = 300
SP of the article = 300 × \(\frac{105}{100}\) = 315
MP of the article = 315 × \(\frac{100}{90}\) = 350