L&T
Company
Numerical Ability
Profit and Loss
An item listed at Rs 3600 is sold to a retailer at a successive discount of 25% and 15%. The retailer desires a profit of 40%, after allowing a discount of 10% to the customer. At what price should he list the TV set (in Rs.)?
Read Solution (Total 1)
-
- Retailer's cost price=3600*[(100-25)/100][(100-150)/100]=2295
price at profit of 40% for retailer=2040*120/100=3213
now, list price of tv=x
(100-10)% of x=3213
(90/100)*x=3213
x=3213*100/90=3570 - 5 years agoHelpfull: Yes(2) No(2)
L&T Other Question