Question
An item is initially priced 36% higher than its cost
price. After applying a 25% discount, it sells for a profit of Rs. 30. If, instead, the item is marked up by 20% from its cost price and then sold with an Rs. 80 discount, what would be the new selling price?Solution
Let the cost price of the article = Rs. '100y' According to the question, 100y X 1.36 X 0.75 = 100y + 30 Or. 102y = 100y + 30 So, y = (30/2) = 15 So, cost price of the article = 15 X 100 = Rs. 1500 So, desired selling price = 1500 X 1.2 - 80 = Rs. 1,720
- What is the minimum amount required to get open a Savings Account in Post Office? 
- A shopkeeper allows a discount of 20% on a product and incurs a loss of 15%. If the difference between the discount given and the loss is Rs. 220, find ... 
- Who among the following operates an assets reconstruction company (ARC)? 
- Heart transplantation is first done by 
- Magnetic Ink Character recognition is a _______code to identify the bank branch. 
- Which of the following is not considered as direct instruments of RBI? 
- What is the maximum amount in Senior Citizen Savings Scheme Account? 
- Which one is incorrect about the deposit insurance scheme of DICGC? 
- Perimeter of a square and circumference of a circle are in the ratio 5:11, respectively. If area of the square is 25 cm2, then find the radiu... 
- Which of the following cards is also known as ‘Check Card’?