engineering recuitment Vizag Steel MT Mechanical 2020 Test Series Quantitative Aptitude Profit and Loss Discount and MP
A shopkeeper marked up the price of an article by 11(1/9)% and sold the article at 5% discount on the marked price. If he had sold the article at a 6.25% discount on the marked price, he would have occurred a loss of Rs. 50. What is the initial discount on that article?
1
Rs. 150
2
Rs. 200
3
Rs. 175
4
Rs. 225