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.
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.