📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Mohan sold an article for Rs. 15,000. Had he offered a

      discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price?
      A Rs.12,500 Correct Answer Incorrect Answer
      B Rs.13,500 Correct Answer Incorrect Answer
      C Rs.12,250 Correct Answer Incorrect Answer
      D Rs.13,250 Correct Answer Incorrect Answer

      Solution

      Selling Price = 15000 After Discount = 15000 – 10% of 15000 = 13500 now 8% = 2/25 Selling Price = 25 + 2 units = 27 units = 13500 1 unit = 500 25 unit = 500 × 25 = 12500

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question