Madhya Pradesh Police Exam Model Paper 3

Question : 61 of 100

Marks: +1, -0

The cost price of an article is Rs. 150. To gain 20% after allowing a 40% discount, the marked price of the article should be

Solution:

Cost price = Rs. 150
Gain = 20%
Selling price

= 150 + (20{/}100) × 150 = Rs. 180

Let the marked price be x
Discount on Marked Price = 40%

x – (40{/}100) × x = 180

Marked price = Rs. 300

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