Multiple choice

A shopkeeper decides to gives 5 % discount on the marked price of an article, but also wants to earn 10 % profit. If the C.P of article is Rs 95 then the marked price will be-

  1. Rs. 100

  2. Rs. 105

  3. Rs. 110

  4. Rs. 115

  5. Rs. 125
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The shopkeeper wants a 10% profit, so SP = 1.10 × 95 = Rs 104.50. After 5% discount on marked price MP, we get: 0.95 × MP = 104.50. So MP = 104.50/0.95 = Rs 110. The claimed answer C is correct.

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