Multiple choice

Passage

Directions: Read the following table carefully and answer the questions given below. The table shows the profit earned per unit on a product sold by four companies in FY 2022 and FY 2023. It also shows the positive difference between the profits earned per unit in these two years by each company. Company Profit per unit in FY 2022 Profit per unit in FY 2023 Positive difference between the two years M 2K 1,800 600 N 4K 2,100 300 O 125% of K 600 150 P 1,350 75% of K 900 Note: K is an integer, and all profit values are in rupees.

The cost price of a product sold by company P in FY 2023 is Rs. B. The product is marked 80% above its cost price, and the discount offered is equal to 20% of its cost price. If the profit earned on selling the product equals the profit per unit of company P in FY 2023, find the marked price.

  1. Rs. 1,200

  2. Rs. 1,275

  3. Rs. 1,350

  4. Rs. 1,425

  5. Rs. 1,500

Reveal answer Fill a bubble to check yourself
C Correct answer