Multiple Choice Questions on After selling a suit for Rs 1680 a shopkeeper suffers a loss of 16 If he wants to earn 15 profi........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

After selling a suit for Rs 1680 a shopkeeper suffers a loss of 16 If he wants to earn 15 profi...........

Quant (SSC) Profit and loss
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    After selling a suit for Rs. 1680 a shopkeeper suffers a loss of 16%. If he wants to earn 15% profit after giving the discount of 8%, what will be the marked price?

    2500

    Correct Answer

    2000

    Incorrect Answer

    1500

    Incorrect Answer

    2600

    Incorrect Answer
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    Explanation:

    Cost Price = 1680 /84  × 100 = Rs.2000
    Marked price = 2000 × 115%/92% = Rs.2500

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