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%?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
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: 12 per...
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