Multiple choice

A shopkeeper purchased an article for Rs.7,500. If it is marked 25% above the cost price and sold by offering 10% discount then find the gain of the shopkeeper.

  1. 937.5

  2. 911.6

  3. 891.6

  4. 1052.6

  5. 1126.5
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost price = 7500. Marked price = 7500 * 1.25 = 9375. Selling price = 9375 * 0.90 = 8437.5. Gain = 8437.5 - 7500 = 937.5.

AI explanation

Using the marked price formula, the item is marked at 7500 * 1.25 = 9375. A 10% discount on the marked price means the selling price is 9375 * 0.9 = 8437.5. The gain for the shopkeeper is the selling price minus the cost price, which is 8437.5 - 7500 = 937.5.

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