Question: While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs. 15 less as profit. What is the marked price of the watch?
Options:
A) Rs. 1250
B) Rs. 1400
C) Rs. 1500
D) Rs. 750
Show Answer
Answer:
Correct Answer: C
Solution:
- Let the marked price be Rs. x.
Then, selling price after discount of 5%
$ =x-\frac{5x}{100}=\frac{19x}{20} $
Selling price after discount of 6%
$ =x-\frac{6x}{100}=\frac{47x}{50} $
According to the question,
$ \frac{19x}{20}-\frac{47x}{50}=15 $
$ \Rightarrow $ $ \frac{95x-94x}{100}=15 $
$ \Rightarrow $ $ x=1500 $