Question
The combined cost price of two
items, P and Q, is Rs. 10,000. The cost price of Q is equal to the selling price of P. Item P is marked up by 30% and item Q is marked up by 40% above their respective cost prices. The discount offered on both items is the same, and item Q is sold for Rs. 7350. Determine the discount offered on both items.Solution
ATQ, Let the cost price of item ‘P’ be Rs. ‘x’. Therefore, cost price of item ‘Q’ and selling price of item ‘P’ = Rs. (10000 – x) Marked price of item ‘P’ = Rs. 1.3x Discount offered on item ‘P’ = 1.3x – (10000 – x) = Rs. (2.3x – 10000) Marked price of item ‘Q’ = Rs. 1.4(10000 – x) Selling price of item ‘Q’ = 1.4(10000 – x) – (2.3x – 10000) = Rs. (24000 – 3.7x) According to the question, 24000 – 3.7x = 7350 Or, 3.7x = 16650 Or, x = 16650/3.7 = Rs. 4500 Therefore, discount offered on each item = (2.3x – 10000) = Rs. 350
Which of the following is a water-borne disease?
Which of the following pair of monument – state is correct?
I. Sheikh Chilli’s Tomb – Haryana
II. Chitradurga Fort – Karnataka
Which of the following statements is INCORRECT?
Which of the following bank has become the first public sector bank to go live on Income Tax Department's new Direct Tax Collection System Tin 2.0?
At which of the following places did the Indian Iron and Steel Company set up its first factory?
Where was the 3rd test match of England vs India Test Series 2021 played?
13-year-old student, Freya Thakral has received the 2020 Diana Award for her:
The national digital data repository of India is known as?
Which of the following has four chambered heart?
Consider the following statements:
1) Bal Gangadhar Tilak was considered the Father of Indian Unrest by the British colonial authorities.
...
Relevant for Exams:
