Find the Rate at Which He Marked the Article :

A shopkeeper buys an item for Rs.4,913. He offers 15% discount on selling price of item and yet gain 20%. Find the rate at which he marked the article.

  1. Rs.5,965
  2. Rs.6,936
  3. Rs.6,136
  4. Rs. 5,158
Anurag Mishra Professor Asked on 24th November 2015 in Maths.
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  • 1 Answer(s)

    Answer is (2) Rs.6,936

    Explanation:-
    The cost price of an item = Rs. 4913

    The shopkeeper get 20 % profit.
    Then, the selling price of an item = 4913 x 120/100
    = Rs. 5895.6

    He offers 15% discount on selling price.
    Then, the marked price of an item = 5895.6 x 100/85
    = 589560/85
    = Rs. 6936

    Then, the marked price of an item is Rs. 6936.

    Hence, the answer is (2) Rs. 6936.

    Monis Rasool Professor Answered on 26th November 2015.
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