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    Question

    A table is sold at 32% profit after giving a discount of

    34% on the marked price. If the marked price of the table is Rs. 3,000, then find the cost price of the table.
    A Rs.1,200 Correct Answer Incorrect Answer
    B Rs.1,600 Correct Answer Incorrect Answer
    C Rs.2,250 Correct Answer Incorrect Answer
    D Rs.2,630 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 3000 × 0.66 = Rs. 1,980 Let the cost price of the table be Rs. 'x' ATQ, x × 1.32 = 1980 ⇒ x = 1980 ÷ 1.32 = Rs. 1,500 So, the cost price of the table = Rs. 1,500

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