Multiple choice

The price of a chair is Rs. 1260, which got increased by 30% during the month of June. Enakshi went to buy the chair. The shopkeeper had applied 28% discount on the marked price of the chair. If she paid 8% more amount than the cost price, then what is the marked price of the chair?

  1. Rs. 2537

  2. Rs. 2385

  3. Rs. 2400

  4. Rs. 2457

  5. Rs. 2600

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price = 1260 * 1.30 = 1638. She paid 8% more than CP, so she paid 1638 * 1.08 = 1769.04. This price is 72% of the marked price (after 28% discount). Marked price = 1769.04 / 0.72 = 2457.