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Aptitude · Q27

Profit And Loss

Competitive Exams · Aptitude · question 27

Q27

A dealer allows his customer a discount of 25% and still gains 25%. If cost price of a radio is Rs. 1440, its marked price is:

A.
Rs. 2500
B.
Rs. 2440
C.
Rs. 2400
Answer
D.
Rs. 2020

Answer: Option C

Solution

Answer: Option C
Solution:
Let MP = X
CP = 1440
SP = 1440 + 25% of 1440 = Rs. 1800
SP = MP - 25% of MP
SP = X - 25% of 100
SP = X - 0.25X
1800 = 0.75X
X = 2400
MP = Rs. 2400

Short-Cut
Let the marked price = Rs. x
Hence,

  = Rs. 2400