Question

A shopkeeper buys an article for Rs. $450$. He marks it at $20\%$ above the cost price. The selling price, if he sells the article at 10% discount, is:

• A. Rs. $263$
  
• B. Rs. $325$
  
• C. Rs. $400$
  
• D. Rs. $486$

Answer 1

Answer: (D)

Rs. $486$

Marked price will be $=C.P.+20$ % of $C.P.=\frac{120}{100}\times C.P.=\frac{120}{100}\times 450=Rs540$
And Discount $=10$ % of Marked Price $=\frac{10}{100}\times 540=Rs54$
And Selling price $=$ Marked Price $-$ Discount $=Rs540-Rs54=Rs486$