What is the marked price of the shirt? I. A shopkeeper purchases 2 shirts for 2200 Rs. and earns 55 Rs. per shirt after giving 23% discount. II. A shopkeeper marks the price 36% more than the cost price and earns 200 Rs. after giving some discount.
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Only I
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Only II
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Both I and II together
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Either I or II
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Neither I nor II
A
Correct answer
Explanation
Statement I: Cost per shirt = 2200/2 = 1100 Rs. Selling price after discount = 1100 + 55 = 1155 Rs. If 1155 is 77% of marked price (after 23% discount), then marked price = 1155/0.77 = 1500 Rs. Statement I alone is sufficient. Statement II doesn't provide enough information to calculate exact marked price.