L&T
Company
Numerical Ability
Profit and Loss
An agent buys a T.V. set listed at Rs. 10000 and gets 10% and 20% successive discounts. He spends 10% of his C.P. on transport. At what price (in rupees) should he sell the T.V. set to earn a profit of 10%?
(a) 8692
(b) 8702
(c) 8712
(d) 8722
(e) None of these
Read Solution (Total 3)
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- (c); Net price after two discounts=80% of 90% of Rs. 10000=Rs. 7200.
Net C.P.=(7200+10% of Rs. 7200)=7920.
Therefore, S.P. =110% of Rs. 7920=Rs. 8712. - 8 years agoHelpfull: Yes(16) No(1)
- first it says he gets 10% discount=10%*10000=1000
now the cp is=10000-1000=9000.
again he gets a discoun of 20%=20%*9000=1800
now the actual cp after dicounts is=9000-1800=7200
transportation chrges=10%*7200=720
tottal money he spend=7200+720=7920
to earn 10%profit,10%*7920=792
selling price=7920
+792=8712 - 7 years agoHelpfull: Yes(4) No(0)
- Answer :
(c) 8712 - 7 years agoHelpfull: Yes(0) No(1)
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