Profit and Loss Practice Test 4

Question : 35 of 40

Marks: +1, -0

A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs 170?

Rs 240
Rs 260
Rs 220
Rs 200

Validate

Solution:

\table \CP ,\Marked\price,\SP \after \discount;170 ,x , x-{15x}/100={17x}/20

Profit per cent

={SP-CP}/{CP} ×100

20={{17x}/20-170}/170×100

6,800 = 170 x - 34,000

170 x = 40,800

x = 240

Marked price = Rs 240

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