A shopkeeper earns 17% profit by selling an article at 10% discount on its marked price. If its cost price is ₹480, then the marked price (in ₹)of the article is:
Answer & explanation
Correct answer: option 2
CP MP
100 - D% 100 + P%
100 - 10% 100 + 17%
90 117
⇓× \(\frac{16}{3}\) ⇓× \(\frac{16}{3}\)
480 Given 624