Discussion of Question with ID = 047 under Profit-and-Loss

This is the discussion forum for this question. If you find any mistakes in the solution, or if you have a better solution, then this is the right place to discuss. A healthy discussion helps all of us, so you are requested to be polite and soft, even if you disagree with the views of others. The question and its current solution has also been given on this page.

Advertisement

Question

What should be the marked price of an item if a profit of 70% is to be made after allowing a discount of 15%?

A

Rs. 200.

B

Rs. 210.

C

Rs. 190.

D

Rs. 220.

Soln.
Ans: a

If the cost is 100, the sale price would be 100 + 70 = Rs. 170. If M is the marked price, then sale price is (100 - 15)% of M = 170. Which gives 85M/100 = 170, which gives M = Rs. 200


Comments and Discussion