Multiple choice

An article costs a shopkeeper Rs. 100. If the shopkeeper marks this article for a certain amount, such that he gains 25% after allowing a discount of 20%, then his marked price is

  1. Rs. 156.25

  2. Rs. 146.25

  3. Rs. 166.25

  4. Rs. 150.25
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost price = 100. Gain = 25%, so Selling Price = 125. Discount = 20% of Marked Price (MP). So 0.8 * MP = 125. MP = 125 / 0.8 = 156.25.

AI explanation

The shopkeeper wants a 25 percent profit on the Rs. 100 cost price, setting the selling price at Rs. 125. Using the marked price formula, Marked Price equals Selling Price multiplied by 100 divided by 100 minus discount percent. Substituting the values gives Marked Price equals 125 multiplied by 100 divided by 80, which calculates to Rs. 156.25.

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