Question

After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is Rs. 300?

• A. Rs. 375
• B. Rs. 320
• C. Rs. 400
• D. Rs. 350

Answer 1

Answer:

D. Rs. 350

CP of the article = 300 SP of the article = 300 × (105/100) = 315 MP of the article = 315 × (100/90) = 350