The cost price of a television is rs 2400 which is 20% below the market price if it is sold at a discount of 16% on the market price then find its market price, selling price and profit?

a) rs 3000 rs 2520 5%
b) rs 4000 3520 6%
c) rs 5000 6250 7%
d) none of the above

• CP = 2400
  Let MP = x
  So, MP = x * 80/100 = 2400
  MP = x = 3000
  SP = 3000 * 16/100 = 480+3000 = 2520
  Profit = 2520 - 2400 = 120
  Profit% = 120*100/2400 = 5
• 10 years agoHelpfull: Yes(48) No(3)
• let MP = x
  therefore acc. to question C.P. = x - 20x/100
  2400 = (100x-20x)/100
  2400*100 = 80x
  therefore Market price x = (2400*100)/80 = Rs. 3000
  
  now S.P = MP - Discount
  = 3000 - 480 ( bcoz discount in rs = (16/ 100)*3000 = 480)
  = 2520
  profit = 2520 -2400 = 120 i.e. 5%
• 9 years agoHelpfull: Yes(9) No(0)
• cost price is of TV = 2400 which is 20% less than market price;
  so market price = 2400*(120/100)=2880
  now it sold 16% less than the market price = 2880*(84/100)=2419.2
  so %profit = (19.2/2400)*100= 0.8
• 10 years agoHelpfull: Yes(3) No(16)
• Let Mrp = x;
  20% below Mrp is (80/100)*x = 2400;
  ==> x = 3000;
  so mrp =3000.
  16% on 3000 will be (84/100)*3000 = 2520;
  
  profit = sp - cp 2520 - 2400 = 120;
  
  profit percentage = (120/2400 )*100;
  
  Profit percentage = 5%.
  option a
• 9 years agoHelpfull: Yes(3) No(0)
• 2400 +20%=2880, market price =2880.selling price wit 16% discount on market price is (2880-((16/100)*2880))=2420,% of profit is 5%
  
  a
• 9 years agoHelpfull: Yes(0) No(1)