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While selling a watch, a shopkeeper gives a discount of 5 % . If he gives a discount of
6 %, he earns ₹ 15 less as profit. What is the marked price of the watch ?
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- ₹ 1250
- ₹ 1400
- ₹ 1500
- ₹ 750
Correct Option: C
Given, r1 = 5 %, r2 = 6 %and earning = ₹ 15
Let marked price of the watch be ₹ N .
Then, (6 - 5) % of N = 15
⇒ N = 15 x 100
∴ N = ₹ 1500