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A shopkeeper marks the price of an article above its cost price. After allowing a discount on the marked price, the article is sold for . What is the difference (in ) between the cost price and marked price of the article?

  1. A
    160
  2. B
    120
  3. C
    180
  4. D
    150

Solution & Step-by-step Explanation

Let the cost price (CP) of the article be .The shopkeeper marks the price above the cost price:

A discount of is given on the marked price:

Therefore, the selling price (SP) is:

Given that the article is sold for :


We need to find the difference between the cost price and the marked price:

Substituting the value of :

Practice this question

Try it yourself before checking the explanation above.

A shopkeeper marks the price of an article above its cost price. After allowing a discount on the marked price, the article is sold for . What is the difference (in ) between the cost price and marked price of the article?
A
160
B
120
C
180
D
150

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