New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Rahul bought a gadget and increased its price by 60% above

    the cost price. He sold it after offering a discount of 20% for Rs. 2400. What would be the selling price if a discount of 10% was offered instead?
    A Rs.2593 Correct Answer Incorrect Answer
    B Rs.2700 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 gadget be Rs. 100x

    Marked price = 1.60 × 100x = Rs. 160x

    Selling price after discount = 0.80 × 160x = Rs. 128x

    According to the question:

    128x = 2400

    So, x = 18.75

    Desired selling price = 0.90 × 1.60 × 1875 = Rs. 2700

    Practice Next