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Nikhil suffers a loss of Rs140 when he sells a perfume at 20% discount. Find the marked price of the perfume if the cost price is
Rs380.
Rs280
Rs300
Rs310
Rs290
- The cost price (CP) of the perfume is Rs 380.
- Nikhil sells it at a 20% discount and suffers a loss of Rs 140.
- Loss implies that the selling price (SP) is Rs 380 - Rs 140 = Rs 240.
- Since the selling price is after a 20% discount, then SP = 80% of the marked price (MP).
- Therefore, 80% of MP = Rs 240.
- To find the marked price: MP = 240 / 0.8 = Rs 300.
- Comparing with the options:
- Option 1: Rs 280
- Option 2: Rs 300
- Option 3: Rs 310
- Option 4: Rs 290
The marked price of the perfume is Rs 300.
.
By: santosh ProfileResourcesReport error
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