Question : The ratio of the cost price (CP) and marked price (MP) of an article is 4 : 7. A discount of 20% is given on MP and the shopkeeper makes a profit of INR 80. Find the CP of the article.
Option 1: INR 190
Option 2: INR 170
Option 3: INR 200
Option 4: INR 180
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Correct Answer: INR 200
Solution : Let the cost price and marked price of an article be $4x$ and $7x$. Selling price after 20% discount on marked price = $\frac{(100-20)}{100}\times 7x = 5.6x$ Selling price after profit of INR 80 on cost price = $4x + 80$ According to the question, $5.6x=4x+80$ $⇒1.6x=80$ $⇒x=50$ $\therefore$ Cost price $=4x=4×50=200$ Hence, the correct answer is INR 200.
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Question : The marked price of a toy car is INR 600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price.
Option 1: INR 460
Option 2: INR 420
Option 3: INR 480
Option 4: INR 450
Question : A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If the cost price of the article is INR 540, then find the marked price (in INR) of the article.
Option 1: 810
Option 2: 750
Option 3: 720
Option 4: 690
Question : A shopkeeper marked a product 5% above the cost price and sold the product for INR 1890 by giving a discount of 10%. The cost price of the product is:
Option 1: INR 1,701
Option 2: INR 2,100
Option 3: INR 2,000
Option 4: INR 2,205
Question : A shopkeeper earns a profit of 20% after offering a discount of 10% on the marked price of an electric mixer. What is the cost price (in INR) of the electric mixer having a marked price of INR 6,500?
Option 1: 4,900
Option 2: 4,825
Option 3: 4,850
Option 4: 4,875
Question : A shopkeeper gives a discount of 15% on the marked price. If the selling price is INR 19,040, then the discount on it will be:
Option 1: INR 3,360
Option 2: INR 3,850
Option 3: INR 3,260
Option 4: INR 3,600
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