Cost price of an article is Rs. A, and a shopkeeper marked that article B%…

IBPS · 2022

Cost price of an article is Rs. A, and a shopkeeper marked that article B% above its cost price. He allows 25% discount on marked price and earned a profit of Rs. (B+20). If the same article is marked up by (B+5)% and allows the same discount and earned a profit of Rs. (B+65), then which of the following is/are correct?

  1. A.

    A/8 = 4B

  2. B.

    29.5B + 20 = A

  3. C.

    None of the above

  4. D.

    1.2A = 36B

  5. E.

    Both 29.5B + 20 = A and 1.2A = 36B

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Correct answer: E

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