📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    A product is tagged at 50% above its cost price and is sold

    after a discount of 30% on the marked price. If the selling price comes to Rs. 2,730, find the gain made on this sale.
    A Rs.760 Correct Answer Incorrect Answer
    B Rs.610 Correct Answer Incorrect Answer
    C Rs.540 Correct Answer Incorrect Answer
    D Rs.840 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the cost price of product be Rs. '100b'

    Marked price = 1.50 × 100b = Rs. '150b'

    Selling price = 0.70 × 150b = Rs. '105b'

    So, 105b = 2,730

    Or, b = 26

    Therefore, required profit = 5 × 26 = Rs. 130

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question