Multiple choice

Selling and cost price of an article are Rs. 5,400 and Rs. 5,200, respectively. If 10% discount was given, then what is the percentage mark up?

  1. 12.5

  2. 14.12

  3. 17.25

  4. 15.38
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

SP = 5400, Discount = 10%. Marked Price (MP) = 5400 / 0.9 = 6000. Cost Price (CP) = 5200. Markup = (6000 - 5200) / 5200 = 800 / 5200 = 8/52 = 2/13 approx 15.38%.

AI explanation

Using the marked price formula, Marked Price = Selling Price / (1 - Discount %), we substitute the values to get 5400 / 0.9 = 6000. The markup is calculated as ((Marked Price - Cost Price) / Cost Price) * 100, which becomes ((6000 - 5200) / 5200) * 100. The result is 15.38.

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