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A shopkeeper buys an article for Rs. 180...

A shopkeeper buys an article for Rs. 180. After allowing a discount of `10%` on his marked price, he wants to earn a profit of `20%` His marked price must be

A

Rs. 210

B

Rs. 240

C

Rs. 270

D

Rs. 300

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The correct Answer is:
To solve the problem step by step, we will follow the logic presented in the video transcript: ### Step-by-Step Solution: 1. **Identify the Given Values:** - Cost Price (CP) = Rs. 180 - Profit Percentage = 20% - Discount Percentage = 10% 2. **Let the Marked Price (MP) be X:** - We denote the marked price of the article as X. 3. **Calculate the Selling Price (SP) after Discount:** - The discount on the marked price is 10% of X. - Therefore, the selling price after discount can be calculated as: \[ SP = MP - \text{Discount} = X - 0.10X = 0.90X \] 4. **Set Up the Profit Equation:** - We know that Profit Percentage is given by the formula: \[ \text{Profit Percentage} = \frac{SP - CP}{CP} \times 100 \] - Substituting the known values into the equation: \[ 20 = \frac{0.90X - 180}{180} \times 100 \] 5. **Simplify the Equation:** - Divide both sides by 100: \[ 0.20 = \frac{0.90X - 180}{180} \] - Multiply both sides by 180: \[ 36 = 0.90X - 180 \] 6. **Rearranging the Equation:** - Add 180 to both sides: \[ 0.90X = 216 \] 7. **Solve for X (Marked Price):** - Divide both sides by 0.90: \[ X = \frac{216}{0.90} = 240 \] 8. **Conclusion:** - The marked price (MP) must be Rs. 240. ### Final Answer: The marked price must be **Rs. 240**. ---
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