CTET 2 Math and Science Jan 2021 Paper

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Question : 48 of 150

Marks: +1, -0

The marked price of an article is

₹ 840

. A shopkeeper gives a discount of

15 \%

on the marked price and still makes a profit of

19 \%

. What is the cost price of the article?

₹ 600
₹ 640
₹ 540
₹ 580

Solution:

Marked Price (MP)

=₹ 840

Discount

=15 \%

Selling price

({\SP})=840-{15}/{100} ×840

=840-126=₹ 714

Now, profit

=19 \%

Cost Price (CP)

=({100}/{100+19}) × 714

={100}/{119} ×714=₹ 600

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