Profit and Loss Practice Test 6

Question : 36 of 40

Marks: +1, -0

While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs. 15 less as profit. The marked price of the watch is :

Rs. 697.50
Rs. 712.50
Rs. 787.50
None of these

Validate

Solution:

Let the marked price = Rs. x
Then,

7/100x-5/100x=15

⇒x/50=15

∴x=750

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