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A shopkeeper marks an aiticle 24% above its cost price and allows a 15% discount on the marked price. If he earns a profit of
U7 by selling the a11icle, then the selling price of the a11icle is:
Rs508
Rs522
Rs517
Rs527
Let’s break this down step by step:
- If the cost price is Rs x, the marked price is 24% higher: Marked price = x + 0.24x = 1.24x
- A 15% discount is given, so selling price = 85% of marked price = 0.85 × 1.24x = 1.054x
- Profit earned is Rs 77, so selling price = cost price + 77 ? 1.054x = x + 77
- That rearranges to: 1.054x – x = 77 ? 0.054x = 77 ? x = 77/0.054 ˜ 1426
- Selling price = 1.054 × 1426 ˜ Rs 1504
Now look at the options:
- Rs 508
- Rs 522
- Rs 517
- Rs 527
Here’s the key: The answer can’t be any of those. Selling price comes out to about Rs 1504, not close to any option. So, . If you had to choose from these, none matches, but your option is not it.
By: santosh ProfileResourcesReport error
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