Multiple choice

At what price should a shopkeeper mark an article whose cost is Rs. 1500 in order that he may offer a discount of 25% and still make a profit of 15%?

  1. $Rs. 2400$
  2. $Rs. 4200$
  3. $Rs. 2500$
  4. $Rs. 2739$

  5. None of these
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Cost = Rs. 1500. Desired profit = 15%, so selling price = 1500 × 1.15 = Rs. 1725. This SP is after 25% discount on marked price. So MP × 0.75 = 1725, meaning MP = 1725/0.75 = Rs. 2300. None of the options (2400, 4200, 2500, 2739) match Rs. 2300.

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