An article was bought for '5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price
What was the marked price of the article ? (a) Rs.6207 (b) Rs.6242 (c) Rs.6292 (d) Rs.6192 (e) Rs. 6272 48.
What was the percent profit on the transaction? (a) 6.8% (b) 6.3% (C) 6.4% (d) 6.6% (e) 6.2% 49.
What was the amount of discount given? (a) Rs.319.6 (b) Rs.303.6 (c) Rs.306.3 (d) Rs.313.6 (e) Rs.316.9
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Answer:
(e) M.P = 5600 × 112% = 6272
Step-by-step explanation:
Bought price is Rs. 5600
Marked price is 12% more than purchased price.
Discount=5%
Hence,
Marked price=5600+ 12/100×5600 = 5600 +6 72=Rs. 6272
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