Discount Ques 1
Question
A discount of $15 \%$ is given on the marked price of an article. The shopkeeper charges sales tax of $6 \%$ on the discounted price. If the selling price be ₹ 1081.20 , what is the marked price of the article?
(1) ₹ 1185.20
(2) ₹ 1250.20
(3) ₹ 302
(4) ₹ 1200
(5) None of these
(Indian Overseas Bank PO Online Exam. 01.09.2013)
Show Answer
Answer: (4)
Solution: (4)
If the marked price of the article be $x$, then
Price after discount of $15 \%$ $= \text{₹} \frac{85 x}{100}= \text{₹} \frac{17 x}{20}$
Actual S.P. $=$ Rs. $\left(\frac{17 x}{20} \times \frac{106}{100}\right)$
$\therefore \frac{17 x}{20} \times \frac{106}{100}=1081.20$
$\Rightarrow x=\frac{1081.20 \times 20 \times 100}{17 \times 106}$
$x= \text{₹} 1200$
BETA
