New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A Shopkeeper marks the price of a refrigerator at Rs.

    30,000/- and gives a discount of 15%. He also gives a mixer grinder worth Rs. 1,500 free with the refrigerator and actually earns a profit of 20% by selling the refrigerator. Find the cost price of the refrigerator.
    A Rs.18,625 Correct Answer Incorrect Answer
    B Rs.19,750 Correct Answer Incorrect Answer
    C Rs.20,000 Correct Answer Incorrect Answer
    D Rs.17,650 Correct Answer Incorrect Answer

    Solution

    S.P = 85% of 30,000 = 25,500  &  Profit = 20% ∴ C.P = 25500  = 21,250 Since mixer grinder worth Rs. 1,500 is also given, ∴ C.P of the refrigerator = 21,250 – 1,500 = Rs.19,750

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