Quantitative Aptitude Ques 14

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 $