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    Question

    A shopkeeper tagged a gadget for Rs. 500 and sold it after

    allowing successive discounts of 10% and 25%. If his overall profit was Rs. 35, what was the cost price of the gadget?
    A Rs.302.5 Correct Answer Incorrect Answer
    B Rs.392.6 Correct Answer Incorrect Answer
    C Rs.490.8 Correct Answer Incorrect Answer
    D Rs.375.4 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Selling price = 500 ├Ч 0.9 ├Ч 0.75 = Rs. 337.5

    Cost price = 337.5 тАУ 35 = Rs. 302.5

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