NIFT UG 2016 Question Paper with solutions

Question : 57 of 150

Marks: +1, -0

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

Solution:

Let, M.P. = ₹ 100
Discount

=10/100×100=₹10

S.P.

=100–10=₹90

Profit = 25%
C.P

=100/125×90=₹72

When C.P. ₹ 72, then M.P. = ₹ 100
When C.P. ₹ 360, then M.P.

=100/72×360=₹500

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