After allowing a 10% discount on the marked price of an article a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is Rs 300?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 350
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Understanding |
Application |
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Let the marked price and cost price of the article is M and C respectively Let M = 100 |
Selling price = 90 Cost price = |
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Given cost price = 300
100 ⇒ 350 |