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Cost price of an article is Rs. 5500. It was sold at a profit of 9.09%. If the article was sold at a discount of 20%, then what is the marked price (in Rs.) of the article?
- A6000
- B7500
- C6600
- D6800
Answer not set
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CCommunity
Cost price of article = Rs. 5500
Profit = 9.09%
Profit% = (SP - CP)/CP × 100
9.09 = (SP - 5500)/5500 × 100 ⇒ SP = Rs. 6000
Discount % = (MP - SP)/MP × 100
Let the marked price be Rs. X and discount is 20%
20 = (X - 6000)/X × 100
(X - 6000) = X/5
⇒ X = Rs. 7500
Marked price = Rs. 7500
Profit = 9.09%
Profit% = (SP - CP)/CP × 100
9.09 = (SP - 5500)/5500 × 100 ⇒ SP = Rs. 6000
Discount % = (MP - SP)/MP × 100
Let the marked price be Rs. X and discount is 20%
20 = (X - 6000)/X × 100
(X - 6000) = X/5
⇒ X = Rs. 7500
Marked price = Rs. 7500