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Marked priced of A is 1600 Rs more than its cost price. When discount on A is 500 there is a profit of 25% obtained. At what price A should be sold to obtain 30% profit.

a

4800

b

5600

c

5400

d

5200

e

5720

Answer : Option E
Explanation :

MP = 1600 + CP ….(i)

MP – 500 = 125100×CPfrac{{125}}{{100}} imes CP

4MP = 5CP + 2000 …(ii)

Solving (i) and (ii)

CP = 4400

Required selling price = 130100×4400=5720frac{{130}}{{100}} imes 4400 = 5720

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