Multiple choice

A shopkeeper allows 25% discount on marked price and earn 30% profit, If he gets rupees Rs. 270 as profit. Find the amount of the discount.

  1. Rs. 300

  2. Rs. 320

  3. Rs. 340

  4. Rs. 390
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

First find the cost price from the profit: Rs. 270 is 30% of CP, so CP = Rs. 900. The selling price is 130% of CP = Rs. 1170. This is 75% of marked price (after 25% discount), so MP = Rs. 1560. The discount amount is Rs. 1560 - Rs. 1170 = Rs. 390.

Keep practicing — related questions