📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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
    More Profit and loss Questions

    Relevant for Exams:

    ask-question