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      Question

      Priya purchased a piece of jewelry and marked its price 50%

      higher than the cost price. She sold it after giving a 20% discount for Rs. 4800. What would be the selling price if the discount was only 10%?
      A Rs.2593 Correct Answer Incorrect Answer
      B Rs.5400 Correct Answer Incorrect Answer
      C Rs.2056 Correct Answer Incorrect Answer
      D Rs.2244 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let, cost price of the jewelry be Rs. 100x

      Marked price = 1.50 × 100x = Rs. 150x

      Selling price after discount = 0.80 × 150x = Rs. 120x

      According to the question:

      120x = 4800

      So, x = 40

      Desired selling price = 0.90 × 1.50 × 4000 = Rs. 5400

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