ABC26GN2789 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A pair of articles was bought for ₹ 37.40 at a discount of 15\%. What must be the marked price of each of the articles?
(a)₹ 11
(b)₹ 22
(c)₹ 33
(d)₹ 44
Answer
Answer (as printed): B
Explanation
S.P. of each article $=₹\left(\frac{37.40}{2}\right)=₹ 18.70$. Let M.P. be ₹ $x$. Then, $85 \%$ of $x=18.70 \Rightarrow x=\left(\frac{18.70 \times 100}{85}\right)=22$.

Explanation as extracted from the printed page; notation may be imperfect.

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