The price of an article is the smallest common multiple of 60 and 36. What is its price (in ₹)?

120

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108

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180

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144

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Solution

The correct option is C 180
Multiples of 60 = 60, 120, 180, 240, 300......
Multiples of 36 = 36, 72, 108, 144, 180.......

We see that the smallest common multiple of 60 and 36 is 180.

So, we can say that the price of the article is ₹180.

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When a discount of 15% is allowed on the marked price of an article, it is sold for ₹ 2975.

Calculate its marked price. Given that the marked price. Given that the marked price is 40% above the cost price of the article, calculate:

(i) its cost price

(ii) the profit in ₹ made by the sale of the article.

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