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Profit and Loss
A washing machine listed at Rs. 3200 is sold to a retailer at successive discounts of 25 % and 15 %. The retailer desires a profit of 20 % of his cost price after allowing a discount of 10 % to the customer. At what price should he list the washing machine.
a) Rs. 3000
b) Rs. 2720
c) Rs. 2200
d) Rs. 2400
Read Solution (Total 1)
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- 3200*(1-25/100)*(1-15/100)=2040
retailer buys washing m/c at Rs 2040.
so in order to get 20% profit retailer shd sell it at 2040+20*2040/100=2040+408=2448
and a/q
(2448+x)*(1-10/100)=2448
=>x=272
so, marked price = 272+2448=2720 - 10 years agoHelpfull: Yes(2) No(0)
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