Multiple choice

Mohak offers a discount of 12% on selling an article. If he offers a discount of 16%, he earns Rs. 30 less in profit. Find the marked price of the article.

  1. Rs. 600

  2. Rs. 750

  3. Rs. 800

  4. Rs. 890

  5. Rs. 900
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let MP be x. 0.16x - 0.12x = 30. 0.04x = 30. x = 30 / 0.04 = 750.

AI explanation

The difference in profit is exactly equal to the difference in the discount amounts because the cost price remains constant. Let the marked price be M; the difference in discounts is 16 percent of M minus 12 percent of M, which equals 4 percent of M. Setting this equal to the Rs. 30 loss in profit gives 0.04M = 30, so the marked price is Rs. 750.

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