Question
A retailer bought a gadget for Rs. ‘a’ and marked it
140% above its cost price. He sold it after giving two successive discounts of 800 and 25%, respectively, and achieved a profit of Rs. 2a/3. Find the marked price of the gadget.Solution
Let Cost Price (CP) = Rs. a Marked Price (MP) after 140% markup = CP + 140% of CP = a + 1.4a = 2.4a Selling Price (SP) after both discounts = 2.4a – 800 – 0.25 * (2.4a – 800) = 1.8a – 600 According to the problem, Profit earned = Rs. 2a/3. Therefore, SP = CP + Profit = a + 2a/3 = 5a/3 Or, 1.8a – 600 = 5a/3 Or, 0.4a = 1800 Or, a = 4500 Therefore, Marked price = 240% * 4500 = Rs 10,800
Conclusions:
I. No Lid being Utensil is a possibility.
II. Some Spoons are not Plates.
III. Some Spoons are Cups.
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Statement:
Each girl is boy.
Only a few girls are men.
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All pineapple are peach.
All peach are cherry.
All cherry are papaya.
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No curtain is wall.
None of the walls is windows.
All windows are roofs.
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I. Mostly roofs bei...
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No chicken is a hen.
No hen is a pigeon.
Conclusions : I. Some eggs may be hens.
II....
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
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All SBI is RBI.
Only a few RBI is UCO.
Only a few UCO is UGB.
No UGB is IDBI.
Conclusions :
I. ...
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No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
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All stories are novels.
All novels are articles.
Conclusions:
I. All articles are...
