A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs.15 less in the profit. What is the marked price?

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INSURANCE EXAMS (NICL) 2013 click here to view all questions

A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs.15 less in the profit. What is the marked price?

ARs.697.50

BRs.712.50

CRs.750

DRs.817.50

Nithin ? undefined

Correct answer is: Rs.750

Explanation:

lf the marked price be x then,

\(= \left(7-5\right)\) % of x = 15

\(\implies \frac{x \times 2}{100} = 15\)

\(\implies \frac{1500}{2} = \text{ Rs.750}\)

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Correct answer is: Rs.750 Explanation: lf the marked price be x then, \(= \left(7-5\right)\) % of x = 15 \(\implies \frac{x \times 2}{100} = 15\) \(\implies \frac{1500}{2} = \text{ Rs.750}\) Nithin ? answered undefined All Comments

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