A product is sold at a 20% discount on its marked price. This transaction results in a profit of 10% on its cost price.
A product is sold at a 20% discount on its marked price. This transaction results in a profit of 10% on its cost price. If the profit earned is 300, what would have been the selling price if the product was sold at a 30% discount on its marked price?
एक उत्पाद को उसके अंकित मूल्य पर 20% की छूट पर बेचा जाता है। इस लेन-देन के परिणामस्वरुप उसके क्रय मूल्य पर 10% का लाभ होता है। यदि अर्जित लाभ ₹300 है, तो उत्पाद को उसके अंकित मूल्य पर 30% की छूट पर बेचे जाने पर विक्रय मूल्य क्या होता?
Detailed Solution & Logic
₹2887.50
Solution:
Profit = ₹300 = 10% of Cost Price (CP)
$ CP=\dfrac{300\times100}{10}=₹3000 $
Selling Price at 20% discount = 110% of CP
$ SP_1=1.10\times3000=₹3300 $
$ \text{Since } SP_1=80% \text{ of Marked Price (MP),} $
$ MP=\dfrac{3300\times100}{80}=₹4125 $
$ \text{Selling Price at 30% discount} =70% \text{ of MP} $
$ SP_2=\dfrac{70}{100}\times4125=₹2887.50 $
Answer: ₹2887.50 ✅
Similar Practice Questions
The expenditure of Sudha is 175%
The expenditure of Sudha is 175% more than her savings. If her expenditure decreases by...
A store offers a “Buy 4, Get 1 Free” deal. What is the net discount percentage?
A store offers a “Buy 4, Get 1 Free” deal. What is the net discount...
A number is first decreased by 15% and then increased by 20%. The number so obtained is 78 more than the original number. The original number is:
A number is first decreased by 15% and then increased by 20%. The number so...
In a constituency, 45% of the total number of voters are males and the rest are females.
In a constituency, 45% of the total number of voters are males and the rest...
The price of a shirt is first increased by 15% and then decreased by 12%, and again increased by 8%. Find the net increase or decrease percentage (correct to one decimal place) in the price of the shirt.
The price of a shirt is first increased by 15% and then decreased by 12%,...
In an election, there were two candidates. One candidate received 38% of the votes and lost by 7200 votes. What was the total number of valid votes?
In an election, there were two candidates. One candidate received 38% of the votes and...
A retailer offers the following discount scheme to his customers for the purchase of articles. ‘Buy 30 and get 10 free’ Find the discount percentage offered.
A retailer offers the following discount scheme to his customers for the purchase of articles....