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.
Correct Answer :
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 = units.
A discount of d% is given on the Marked Price.
Selling Price (SP) of article P = units.
He incurs a loss of (d – 11)%.
Selling Price (SP) of article P in terms of CP and loss percentage = units.
Step 2: Equate the two expressions for the Selling Price of article P
Expanding both sides:
Rearranging terms to solve for d:
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 .
Substitute into the profit percentage formula:
Profit percentage =
Now, compute the Selling Price of article Q:
Selling Price =
Hence, the selling price of article Q is Rs.335.
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