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While selling a Bike, Chaman gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike is
  • a)
    Rs. 2250
  • b)
    Rs. 1850
  • c)
    Rs. 1400
  • d)
    Rs. 1750
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
While selling a Bike, Chaman gives a discount of 20% on the marked pri...
GIVEN:
Change in discount = 24% from 20%
FORMULA USED:
CP (at 20% discount) - CP (at 24% discount) = Marked price
CALCULATION:
Let the Marked price of the Bike be x
After Discount of 20%
Cost price = 80x/100
After Discount of 24%
Cost price = 76x/100
According to the question
80x/100 - 76x/100 = 70
⇒ 4x/100 = 70
⇒ x = 1750
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While selling a Bike, Chaman gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike isa)Rs. 2250b)Rs. 1850c)Rs. 1400d)Rs. 1750Correct answer is option 'D'. Can you explain this answer?
Question Description
While selling a Bike, Chaman gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike isa)Rs. 2250b)Rs. 1850c)Rs. 1400d)Rs. 1750Correct answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about While selling a Bike, Chaman gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike isa)Rs. 2250b)Rs. 1850c)Rs. 1400d)Rs. 1750Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for While selling a Bike, Chaman gives a discount of 20% on the marked price. If he gives a discount of 24%, he earns Rs. 70 less as profit. The marked price of the Bike isa)Rs. 2250b)Rs. 1850c)Rs. 1400d)Rs. 1750Correct answer is option 'D'. Can you explain this answer?.
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