A trader increases the marked price of an article by 20% over its cost price and then gives a discount of 25% on the new price. Later, he increases the price obtained after the discount by 10% again. If the cost price of the article was ₹500, find the final price of the article.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹495
  2. (B) ₹490
  3. (C) ₹485
  4. (D) ₹510

Verified Answer

Option (A): ₹495


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