Question

Amit suffers a loss of Rs. 120 when he sells perfume at 40% discount. Find the marked price of the perfume if the cost price is Rs. 360.

• A. Rs. 400
• B. Rs. 500
• C. Rs. 450
• D. Rs. 420

Answer 1

Answer:

A. Rs. 400

Selling price of perfume = 360 – 120 = Rs. 240 M.P = 240 × 100/(100 – 40) ⇒ 240 × 100/60 = 400