ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    The marked price of the washing machine is 40% above its

    cost price. The seller offers two successive discounts of 25% and 15%, respectively. If he incurs a loss of Rs. 1075, find the price (in rupees) at which he sold the washing machine.
    A Rs. 7625 Correct Answer Incorrect Answer
    B Rs. 5425 Correct Answer Incorrect Answer
    C Rs. 6325 Correct Answer Incorrect Answer
    D Rs. 8925 Correct Answer Incorrect Answer

    Solution

    Let the cost price = Rs. x
    Marked price = 140% of x = Rs. 1.40x

    According to the question,
    x - 1.40x ├Ч 75% ├Ч 85% = 1075
    x - 1.40x ├Ч 0.75 ├Ч 0.85 = 1075
    x - 0.8925x = 1075
    0.1075x = 1075 тЯ╣ x = 10000

    The required selling price = Rs. 10000 - 1075 = Rs. 8925

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question