Question

Cost price of a bag is Rs.820. The shopkeeper marked it 60% above the cost price and sold it after giving a discount of 25%. If the shopkeeper had sold it at a profit of 30%, then find the difference between original and new selling price of a bag.

A Rs.54 Correct Answer Incorrect Answer
B Rs.65 Correct Answer Incorrect Answer
C Rs.82 Correct Answer Incorrect Answer
D Rs.95 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Original selling price of a bag = (160/100) × (75/100) × 820 = Rs.984 New selling price of a bag = (130/100) × 820 = Rs.1066 Required difference = 1066 – 984 = Rs.82

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