Profit and Loss Q.17

0. After selling a cycle for Rs 1680 a shopkeeper suffers a loss of 16%. If he wants to earn 15% profit after giving the discount of 8%, what will be the marked price?

  • Option : C
  • Explanation : Cost Price = (1680/84) X 100 = Rs 2000
    Marked price = 2000 X (115%/92%) = Rs 2500
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