The cost price of an article is Rs250. A shopkeeper gains 20% by selling it at a discount of 36% on its marked price. What is the marked price (in Rs) of the market?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 468.75
CP of an article = 250
SP of an article at the gain of 20% = 250 × 1.2 = 300
MP of an article = 300 × 100/64 = 468.75.