Multiple choice

Find the marked price of a scooter. Statement I: Dealer has given Rashmi a discount of 10000 and still made a profit of 40%. Statement II: The discount offered to Rashmi by the dealer was 12.5% of the marked price. Statement III: Dealer bought the scooter for 48000 and has paid 2000 as the transportation cost.

  1. Any two

  2. All three together are sufficient

  3. II and III

  4. I and III

  5. None of these

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

Statement III gives CP = 48000 + 2000 = 50000. Statement I says discount = 10000 and profit = 40%, so SP = 50000 * 1.4 = 70000. Marked Price = SP + discount = 70000 + 10000 = 80000. Statement II (discount = 12.5% of MP) is not needed and can be used for verification: 10000/80000 = 12.5% ✓. Only I and III are sufficient.