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Question

To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which cost him ₹ 360 as

A
₹500
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B
₹ 450
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C
₹ 460
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D
₹ 486
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Solution

The correct option is A ₹500
Let the marked price of the article be ₹ x.
Cost price of the article = ₹ 360

Discount % = 10%
Selling price = marked price - discount
= x10100x

We know that
selling price = cost price + profit

x10100x=360+25% of 360

90100x=360+25×360100

90100(x100)=360

x100=400

x=500

So, the marked price is ₹ 500.

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