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

    Question

    An article listed at Rs.2000 is sold at successive

    discount of 20% and  23 %. The buyer desires to sells it at a profit of 30% after allowing at 20% discount. What would be listed price of the article for buyer?
    A Rs. 1892 Correct Answer Incorrect Answer
    B Rs. 2002 Correct Answer Incorrect Answer
    C Rs. 2242 Correct Answer Incorrect Answer
    D Rs. 2442 Correct Answer Incorrect Answer
    E Rs. 2542 Correct Answer Incorrect Answer

    Solution

    2000 × (100-20)/100   ×   (100-23)/100    = SP 2000 ×   80/100   ×   77/100   =SP SP = 1232 unit SP = CP CP = 1232 Profit = 30% SP =   (1232 ×130)/100   = 1601.6 MRP × (100-D)/100   = SP MRP × (100-20)/100   = 1601.6 MRP × 80/100   = 1601.6 MRP = Rs. 2002

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