Subject
Quantitative Aptitude
Topic
Profit & Loss
A vendor marks his goods at such a price that he can give a discount of 24% for cash payment and yet make 20% profit. Find the market price of an item which cost him Rs. 275.50.
A vendor marks his goods at such a price that he can give a discount of 24% for cash payment and yet make 20% profit. Find the market price of an item which cost him Rs. 275.50.
ক)
Rs. 418.25খ)
Rs. 420.75গ)
Rs. 435ঘ)
Rs. 400ঙ)
Rs. 400.75Explanation
Let the Marked Price(M.P.) of the item be Rs.x. Price after a discount of 24% = x – (24% of x) = x – 0.24x = 0.76x Profit % = ⇒ 20 C.P. = 100 × (0.76x – C.P.) ⇒ 20 C.P. + 100 C.P. = 76x ⇒ 120 C.P. = 76x ⇒ 120 × 275.50 = 76x ⇒ x = 435 ∴ Marked price of the item =Rs. 435Related questions
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