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A dealer buys an article listed at Rs. 100 and gets successive discounts of 10% and 20%. He spends 10% of the cost price on transportation. At what price should he sell the article to earn a profit of 15%?

a

90.80

b

92.00

c

91.08

d

91.20

Answer : Option C
Explanation :

Single equivalent discount

=(10+2010×20100)%=\left(10+20-\frac{10 \times 20}{100}\right) \%

=(302)%=28%=(30-2) \%=28 \%

∴ C.P. of article = 100 – 28 = Rs. 72

Actual cost price of article =72×110100=\frac{72 \times 110}{100}

== Rs. 79.279.2

\therefore \quad For a profit of 15%15 \%, Required S.P. =79.2×115100=\frac{79.2 \times 115}{100}

=\quad= Rs. 91.0891.08

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