Question Details

A shopkeeper marked up the price of article P by 20% and give discount of d%, then he gets a loss of (d – 11) %. If cost price of article Q is Rs.200 and gets a profit of 1.5d%, then find the selling price of the article Q.

Options

A

Rs.335

B

Rs.305

C

Rs.300

D

Rs.345

E

Rs.330

Show Answer

Correct Answer :

Option A

Rs.335

Solution :

The correct option is Rs.335.

Let's solve the problem step-by-step to find the selling price of article Q.

Step 1: Understand the relations for Article P
Let the Cost Price (CP) of article P be 100 units.
The shopkeeper marks up the price of article P by 20%.
Therefore, Marked Price (MP) of article P = 100+20=120 units.

A discount of d% is given on the Marked Price.
Selling Price (SP) of article P = 120×(1-d100) units.

He incurs a loss of (d – 11)%.
Selling Price (SP) of article P in terms of CP and loss percentage = 100×(1-d-11100) units.

Step 2: Equate the two expressions for the Selling Price of article P

120×(1-d100)=100×(1-d-11100)

Expanding both sides:
120-1.2d=100-(d-11)

120-1.2d=100-d+11

120-1.2d=111-d

Rearranging terms to solve for d:
120-111=1.2d-d

9=0.2d

d=90.2=45

Step 3: Calculate the Selling Price of Article Q
The cost price of article Q is given as Rs.200.
The profit percentage on article Q is 1.5d%.

Substitute d=45 into the profit percentage formula:
Profit percentage = 1.5×45%=67.5%

Now, compute the Selling Price of article Q:
Selling Price = CP×(1+Profit %100)

Selling Price=200×(1+67.5100)

Selling Price=200×1.675=Rs.335

Hence, the selling price of article Q is Rs.335.

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