Out of the four options, only one is correct. Write the correct answer.
To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which costs him Rs 360 as
Let the marked price of the article be ₹x.
Cost price of the article = ₹360
According to the question,
= 360
⇒
= 360
Because discount is always calculated on marked price and profit is always calculated on cost price.
⇒
= 360
⇒ ![]()
⇒ 9x = 450 × 10
⇒ ![]()
⇒ x = ₹500
So, the marked price is ₹500.
Hence, option (a) is correct.
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