Multiple choice

A shopkeeper earns a profit of 25% on selling an article at 14% discount on the marked price. If the selling price (SP) of the article is Rs. 559, find the difference between the SP and the marked price of the article.

  1. Rs. 49

  2. Rs. 91

  3. Rs. 52

  4. Rs. 43

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

SP = 559. Profit = 25%, so Cost Price = 559 / 1.25 = 447.2. Discount = 14%, so SP = 0.86 * MP = 559. MP = 559 / 0.86 = 650. Difference between MP and SP = 650 - 559 = 91.

AI explanation

The marked price is found using the formula Marked Price times (100 minus 14) divided by 100 equals Selling Price, so Marked Price times 0.86 equals 559, making the marked price Rs. 650. The difference between the marked price and the selling price is 650 minus 559, which equals Rs. 91.