Multiple choice

A shopkeeper sells an article at a profit of 20% if he want to mark a certain amount on the article and gives a discount of 40%, the profit of the article is same as previous, then find the mark price of the article if the cost price of the article is Rs 3850? एक दुकानदार एक वस्तु को 20% के लाभ पर बेचता है यदि वह वस्तु पर एक निश्चित राशि अंकित करना चाहता है और 40% की छूट देता है, तो वस्तु का लाभ पिछले के समान है, तो वस्तु का अंक मूल्य ज्ञात करें यदि वस्तु का क्रय मूल्य 3850 रुपये है?

  1. 7700

  2. 7260

  3. 6670

  4. 5480

  5. 8920
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A Correct answer
Explanation

CP = 3850. Current SP at 20% profit = 3850 × 1.2 = 4620. Let MP = M. After 40% discount, SP = M × 0.6 = 4620. So M = 4620/0.6 = 7700. Verification: 40% discount on 7700 = 3080, SP = 7700 - 3080 = 4620, profit = 4620 - 3850 = 770, which is exactly 20% of 3850.

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