Multiple choice

The selling price marked on an article whose cost price is 7,000 Rs. is 11,400 Rs.If the 14% profit made on the article after giving a discount of x % then what will the value of x?

  1. 31%

  2. 33%

  3. 32%

  4. 30%

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

Cost price = Rs. 7000. Profit = 14%, so selling price = 7000 × 1.14 = Rs. 7980. Marked price = Rs. 11400. Discount = (11400 - 7980) / 11400 = 3420/11400 = 0.30 = 30%. Options A (31%), B (33%), and C (32%) are incorrect calculations.