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A trader allows a 10% discount on the marked price and still gains 8% on a cost of ₹500. What is the marked price?

1846Medium DSSSB TGT Computer Science 0 replies

A trader allows a 10% discount on the marked price and still gains 8% on a cost of ₹500. What is the marked price?

  • A₹580
  • B₹650
  • C₹620
  • D₹600
Correct answer: D

Explanation

The selling price is 500 × 1.08 = ₹540, which is 90% of the marked price, so the marked price is 540 ÷ 0.9 = ₹600.

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