By Poonam

Verified by Ajay Kumar

A shopkeeper sells an article at a discount of 12%. Had he given only a 5% discount, he would have earned ₹504 more as profit. If the cost price of the article is ₹3,000, then find the marked price.

  1. ₹7,200

  2. ₹6,800

  3. ₹6,500

  4. ₹7,500

Answer: A

Solution

The difference between the discounts is 12% - 5% = 7%. Therefore, 7% of the marked price = ₹504. Marked Price = 504 × 100 / 7 = ₹7,200.

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