Multiple choice

Cost price of an article is Rs. 3,600. It was sold at a profit of 15%. If the article was sold at a discount of 8%, then what is the marked price (in Rs.) of the article?

  1. 4,000

  2. 4,250

  3. 4,500

  4. 4,750
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling price = 3600 * 1.15 = 4140. If this is after an 8% discount on marked price (MP), then 0.92 * MP = 4140. MP = 4140 / 0.92 = 4500.

AI explanation

Calculate the final selling price using the profit percentage formula: Selling Price equals Cost Price multiplied by (1 plus Profit Percentage divided by 100). The selling price is 3600 multiplied by 1.15, which equals Rs. 4140. Apply the marked price formula, where Marked Price equals Selling Price divided by (1 minus Discount Percentage divided by 100). The marked price is 4140 divided by 0.92, which results in Rs. 4500.

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