Mathematics · Profit and Loss
A shopkeeper bought an item for ₹(x + 80) and marked it up by 60%. He then sold it after offering a discount of 25% on the marked price. If the profit earned is ₹116, which of the following parameters can be uniquely determined? I. The selling price of the item II. The marked price of the item III. The value of 'x'
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All I, II, and III can be determined✓
- 2Only III can be determined
- 3Only I and II can be determined
- 4Only II can be determined
Correct answer
All I, II, and III can be determined
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