Question

What will be the cost price of an Wheat bag if a shopkeeper initially marked it 75% above the cost price and then offered two successive discounts of 20% and 30%. If he had given a single discount of only 15%, he would have gained Rs.609 more.

A Rs.1150 Correct Answer Incorrect Answer
B Rs.1665 Correct Answer Incorrect Answer
C Rs.1250 Correct Answer Incorrect Answer
D Rs.1320 Correct Answer Incorrect Answer
E Rs.1200 Correct Answer Incorrect Answer

Solution

We can say that cost price of the Wheat bag is Rs. 100a Marked price of the article = 1.75 × 100a = Rs. 175a Selling price of the article = 0.7 × 0.8 × 175a = Rs. 98a According to question; 0.85 × 175a = 98a + 609 148.75a – 98a = 609 50.75a = 609 a = 12 So, cost price of the Wheat bag is = Rs.1200

Practice Next

Relevant for Exams:

×
×