SSC Question

A Shopkeeper allows 4% discount on his marked price. If the cost price of an article is Rs. 100 and he has to make a profit of 20%, then his marked price must be:

 

(a)  96

(b)  120

(c)  125

(d)  130

Asked on February 21, 2017 in Math.
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  • 2 Answer(s)
    Let marked price = x; then
    x - 4/100 * x = 120
    => 24x/25 = 120
    therefore,  x= 120 * 25/24  = 125.
    
    Answered on February 21, 2017.
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