Multiple choice

At what prices should a shopkeeper mark a radio that costs him Rs 1200 in order that he may offer a discount of 20% on the marked price and still make a profit of 25%

  1. RS 1675

  2. <ul><li>RS 1875
    </li></ul>

  3. RS 1900

  4. RS 2025

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cost Price = 1200. Profit = 25%, so Selling Price = 1200 * 1.25 = 1500. Discount = 20%, so SP = MP * 0.8. MP = 1500 / 0.8 = 1875.

AI explanation

The shopkeeper wants a 25% profit on the Rs. 1200 cost price, so the target selling price is 1200 * 1.25 = Rs. 1500. This selling price is 80% of the marked price after a 20% discount, making the marked price 1500 / 0.80. The required marked price is Rs. 1875.

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