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

    Question

    The marked price of a TV is 60% above its cost price. It

    was sold after giving a discount of Rs. 300. If the difference between the cost price and the profit earned is Rs. 660, then find the marked price of the TV.
    A Rs.1,440 Correct Answer Incorrect Answer
    B Rs.2,320 Correct Answer Incorrect Answer
    C Rs.1,250 Correct Answer Incorrect Answer
    D Rs.1,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let, the cost price of the TV = Rs. 100x The marked price of the TV = 100x × 160/100 = Rs. 160x The selling price of the TV = Rs. (160x − 300) CP + P = SP CP − P = 660 P = CP − 660 So, 100x + 100x − 660 = 160x − 300 200x − 660 = 160x − 300 200x − 160x = −300 + 660 40x = 360 x = 9 The marked price of the TV = 160 × 9 = Rs. 1440

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question