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A shopkeeper makes a 25% profit on an article when he offers a 10% discount on the marked price. If instead he gives a 30% discount, he incurs a loss
Question

A shopkeeper makes a 25% profit on an article when he offers a 10% discount on the marked price. If instead he gives a 30% discount, he incurs a loss of Rs. 200, then find the marked price of the article.

A.

Rs 10500

B.

Rs 12500

C.

Rs 14500

D.

Rs 10000

E.

Rs 7000

Correct option is D

Information Given:
A shopkeeper makes a 25% profit on an article when he offers a 10% discount on the marked price.
Instead, he gives a 30% discount, he incurs a loss of Rs. 200.
Formulas Used:
Selling price = Cost Price×(100+Profit%100)\text{Cost Price} \times \left( \frac{100 + \text{Profit}\%}{100} \right)
Marked price =Selling Price100Discount%×100\frac{\text{Selling Price}}{100 - \text{Discount}\%} \times 100
Loss = Cost price – Selling price
Basic Explanation:
Let cost price be Rs 100a
Selling price = 125a Rs
Marked price = 125a90×100=Rs 1250a9\frac{125a}{90} \times 100 = \text{Rs} \, \frac{1250a}{9}

New selling price = 1250a9×70100=Rs 875a9\frac{1250a}{9} \times \frac{70}{100} = \text{Rs} \, \frac{875a}{9}
ATQ,
100a875a9=200100a - \frac{875a}{9} = 200
25a = 1800
a = 72
Marked price = 12509×72\frac{1250}{9} \times 72​= Rs 10000

Exam Hall Method:

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