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    Question

    The marked price of the washing machine is 10% above its

    cost price. The seller offers two successive discounts of 5% and 10%, respectively. If he incurs a loss of Rs. 595, find the price (in rupees) at which he sold the washing machine.
    A Rs. 7225 Correct Answer Incorrect Answer
    B Rs. 5925 Correct Answer Incorrect Answer
    C Rs. 6525 Correct Answer Incorrect Answer
    D Rs. 9405 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price = Rs. x
    Marked price = 110% of x = Rs. 1.10x

    According to the question,
    x - 1.10x Ă— 95% Ă— 90% = 595
    x - 1.10x Ă— 0.95 Ă— 0.90 = 595
    x - 0.9405x = 595
    0.0595x = 595 âźą x = 10000

    The required selling price = Rs. 10000 - 595 = Rs. 9405

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