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Profit and Loss
A television set listed at Rs. 3200 is sold to retailer at successive discounts of 25% and 15%. The retailer derives a profit of 20% of his cost price after allowing 10% discount to the customer. At what price did he list the television set?
Read Solution (Total 7)
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- 2720 Rs.
Retailer's cost price=3200*[(100-25)/100][(100-150)/100]=2040
price at profit of 20% for retailer=2040*120/100=2448
Listing price of retailer after allowing 10% discount=2448/(90/100)=2720
- 11 years agoHelpfull: Yes(24) No(6)
- 2720 Rs.
Retailer's cost price=3200*[(100-25)/100][(100-150)/100]=2040
price at profit of 20% for retailer=2040*120/100=2448
now, list price of tv=x
(100-10)% of x=2448
(90/100)*x=2448
x=2448*100/90=2720 - 11 years agoHelpfull: Yes(5) No(1)
- 2720.....
- 11 years agoHelpfull: Yes(1) No(4)
- why ? 100 -150 ? @DEVENDRA M
- 11 years agoHelpfull: Yes(1) No(1)
- it is (100-15) only, by mistake it is written as (100-150)
- 11 years agoHelpfull: Yes(0) No(1)
- Retailer's cost price=3200*[(100-25)/100][(100-15)/100]=2040
price at profit of 20% for retailer=2040*120/100=2448
Listing price of retailer after allowing 10% discount=2448/(90/100)=2720 - 6 years agoHelpfull: Yes(0) No(0)
- Answer: 2720 Rs
- 1 Month agoHelpfull: Yes(0) No(0)
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