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      Question

      An item marked at Rs. 1,500 is sold for Rs. 1,020 after

      two successive discounts of 15% and Y%. If a gadget with a cost price of Rs. 6,000 is sold at a profit of 3Y%, find the selling price of the gadget.
      A Rs.8,600 Correct Answer Incorrect Answer
      B Rs.9,650 Correct Answer Incorrect Answer
      C Rs.9,600 Correct Answer Incorrect Answer
      D Rs.12,600 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Selling price of the item after 15% discount = 0.85×1,500=Rs.1,275 Selling price of the gadget = 6,000 × 1.60 = Rs.9,600

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