Multiple choice

A person buys an article with 15% discount on its marked price. He makes a profit of 15% by selling it at Rs. 3910. Then, the marked price of the article (in Rs.) is

  1. 3500

  2. 4500

  3. 4000

  4. 4200

Reveal answer Fill a bubble to check yourself
C Correct answer
AI explanation

The cost price is calculated by dividing the selling price of Rs. 3910 by 1.15, resulting in Rs. 3400. The marked price is the cost price divided by 0.85, since a 15 percent discount was given on the marked price. Dividing Rs. 3400 by 0.85 gives a marked price of Rs. 4000.