# Mr A allows a discount of 40% to the buyers. He sells only duplicated

| Mr A allows a discount of 40% to the buyers. He sells only duplicated goods and as a bribe, he pays 10% of the cost of the article. If the cost price is Rs. 3750, then what should be the marked price if he desires to make a profit of 9.09%.

A. 8000

B. 7500

C. 7250

D. 7000

### Right Answer is: B

#### SOLUTION

Cost price (3750) + Bribe (10% of cost of article = 375) = Total cost to the shopkeeper (3750 + 375 = 4125)

Desired profit = 4125 9.09% = 375

Selling price for Mr A = Total Cost + Desired Profit = 4125 + 375 = 4500

The selling price is 60% (100-40) of the marked price.

Hence marked price = = Rs. 7500

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Mr A allows a discount of 40% to the buyers. He sells only duplicated