Elitmus
Exam
Logical Reasoning
Decision Making and Problem Solving
kishen sold an article for rs.30,000. if he offered a discount of 10% on the selling price he would have earned a profit of 8% what is the buying price of the article?
option
a)rs.26000
b)rs.25,600
c)rs.26,500
d)rs.25,000
e)none
Read Solution (Total 14)
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- ans is 25000
if he offered discount of 3000 then sp wud be 27000
27000=((100+8)/100)*cp
on solving we get 25000
- 11 years agoHelpfull: Yes(32) No(2)
- sp=30000, dis=10%, so dis of 10%in 30000 is 3000.. the original selling price is (30000-3000)27000...
profit=8%
formula for cp=100/(100+gain)*sp
we get cp=25000
- 11 years agoHelpfull: Yes(8) No(0)
- Given S.P=30,000::(90/100)*30,000=(108/100)*C.P ;solving, we get Rs.25,000
- 11 years agoHelpfull: Yes(2) No(0)
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- 10 years agoHelpfull: Yes(1) No(0)
- Sp=30,000
let 100%=30,000
if he had given 10% discount
90%=27,000
now this 27,000 will be a profit of 8%
so 108%=27,000
hence 100%(i.e,CP)=25,000 - 9 years agoHelpfull: Yes(1) No(0)
- correct ans:25000...try it's easy
- 11 years agoHelpfull: Yes(0) No(0)
- since 10 % discount on s.p =3000
so 30000-3000=27000
therefore 108 % =27000
100%={27000/108}*100
=25000(ans) - 11 years agoHelpfull: Yes(0) No(0)
- D) rs. 25,000
- 10 years agoHelpfull: Yes(0) No(0)
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- 10 years agoHelpfull: Yes(0) No(0)
- 25000
option d - 9 years agoHelpfull: Yes(0) No(0)
- aftr giving dis 10% sp will be 27000 now 1.08x=27000 so x=25000.( option d rs.25000 is answer).
- 9 years agoHelpfull: Yes(0) No(0)
- he sold article by 30,000 and offer 10% . it means he is selling it in 27,000
and still he earned 8% on cost price
so let cost price is 100rs
and he 100*8% = 108
by 100 he eared 108 and by actual he earned 27000/108*100 = 25000rs
formula is actual cost after calcuating/supposed cost after calculating * supposed value - 9 years agoHelpfull: Yes(0) No(0)
- do like this
(0.90*30000)=(1.08*CP)
cp=25000 - 9 years agoHelpfull: Yes(0) No(0)
- sold=30,000 and discount=10%
so sp=30000-3000=27000
gain/profit is 8% than pick choice answer 25,000 why
25000 of cp gaining 8%=2000
so sp=27000 - 9 years agoHelpfull: Yes(0) No(0)
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