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

    Question

    The marked price of an air conditioner is 25% more than

    its cost price. It is sold for a discount of Rs. 200. If the difference between the cost price and the profit earned is Rs. 1400, then find the marked price of the air conditioner.
    A Rs.1,440 Correct Answer Incorrect Answer
    B Rs.1,560 Correct Answer Incorrect Answer
    C Rs.1,250 Correct Answer Incorrect Answer
    D Rs.2,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let, the cost price of the air conditioner = Rs. 100x The marked price of the air conditioner = 100x × 125/100 = Rs. 125x The selling price of the air conditioner = Rs. (125x − 200) CP + P = SP CP − P = 1400 P = CP − 1400 So, 100x + 100x − 1400 = 125x − 200 200x − 1400 = 125x − 200 200x − 125x = −200 + 1400 75x = 1200 x = 16 The marked price of the air conditioner = 125 × 16 = Rs. 2000

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question