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  9. Q94

ibps-so 2023 · Question 94 of 323

By giving a discount of 12% on the market price of an article, the trader earns a profit of 10%. If the difference between the market price and the cost price of the article is Rs.45.What is the market price of the article?

  1. ARs.125
  2. BRs.250
  3. CRs.140
  4. DRs.225Correct
  5. ERs.160

Answer: D. Rs.225

Explanation

Let the market price of article is 100x, SP of article = 88% of 100x = 88x CP of article = 88x × (100/110) = 80x w According to the question, w 100x - 80x = 45 x = 9/4 Therefore, MP = 100x = 100 × (9/4) = Rs.225

Source: IBPS SO Prelims Memory Based 2023 (AFO/IT/HR/Marketing) - ixamBee · memory-based

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