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Maths Puzzle
Numerical Ability
Profit and Loss
A shopkeeper allows 25% discount on the marked price of his articles and hence gains 25% of the Cost Price. What is the marked price of the article on selling which he gains Rs. 120?
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- Rs. 800
Gain=Rs. 120=25% of CP, so CP=120x(100/25)=Rs. 480
SP=CP+Gain=480+120=Rs. 600
Here, SP=75% of MP
=> 600 = (75/100)xMP
MP =Rs. 800 - 5 years agoHelpfull: Yes(0) No(0)
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