Q

# A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article cost the shopkeeper Rs. 210, wh

A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article cost the shopkeeper Rs. 210, what price must be marked on the article?

• Option 1)

Rs. 275

• Option 2)

Rs. 288

• Option 3)

Rs. 300

• Option 4)

None of these

• Option 5)

Rs. 280

SP = 210 $\times$ 1.2 = 252
MP = $\dpi{100} 252\times \frac{100}{87.5}=288$