Railways PYQCBT 1 2020

RRB NTPC · Question 43

A shopkeeper marks his goods at a price so that after allowing a discount of 20%, he still makes a profit of 8%. Find the marked price of an article which costs him Rs. 500.

  1. Rs. 765

  2. Rs. 575

  3. Rs. 875

  4. Rs. 675

Show answer & explanation

Answer: (D) Rs. 675

Explanation

SP = 500 × 1.08 = Rs 540. After a 20% discount SP = 0.8 × MP, so MP = 540/0.8 = Rs 675.