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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 (in Rs.) of the refrigerator.

A 21,250 Correct Answer Incorrect Answer
B 19,750 Correct Answer Incorrect Answer
C 18,250 Correct Answer Incorrect Answer
D Data inadequate Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

S.P = 85% of 30,000 = 25,500  & Profit = 20% ∴ C.P = 25500 × 5/6` `  = 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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