The cost price of an article is Rs. 10000. It is sold at a profit of 40 percent. A discount of 30 percent was given. What is the marked price of the article?
Show answer & explanation
Correct answer: B
Explanation
Selling Price = 10,000 + 40% = ₹14,000
SP after 30% discount = 70% of MP
MP = 14,000 × 100 ÷ 70= ₹20,000