ExamVeda
Login
Home
Profit and Loss
?

A dealer purchased a washing machine for Rs. 7660. After allowing a discount of 12% on its marked price, he still gains 10% . Find the marked price of the washing machine = ?

Answer & Solution
Correct Answer: Option A
According to the question,
Cost Price : Marked Price
(100 - Discount)   :   (100 + Profit)
100 - 12 : 100 + 10
88 : 110
$$\mathop {\frac{{1915}}{{22}} \times \downarrow }\limits_{{\text{Rs}}{\text{.7660(Cost Price)}}} :\mathop { \downarrow \times \frac{{1915}}{{22}}}\limits_{\boxed{{\text{Rs}}{\text{.9575(MP)}}}} $$
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.