A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
A. Rs. 36000
B. Rs. 40000
C. Rs. 39000
D. Rs. 42500
Answer: Option B
Solution(By Examveda Team)
$${\text{Let Cost price}} = 100$$\[\begin{gathered} {\text{CP }}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{SP}}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ MP}} \hfill \\ 100\,\,\xrightarrow[{{\text{Profit}}}]{}\,\,125\,\,\xleftarrow[{ - 25\% }]{}x \hfill \\ \end{gathered} \]
$$\eqalign{ & {\text{Profit}} = 125 - 100 = 25{\text{ units}} \cr & {\text{MP}} = x = \frac{{75}}{{100}} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 125 \cr & {\text{MP}} = x = \frac{{500}}{3}{\text{ units}} \cr & \because {\text{ 25 units}} = 6000 \cr & \therefore {\text{MP}} = \frac{{500}}{3}{\text{ units}} \cr & {\text{ = }}\frac{{500}}{3} \times \frac{{6000}}{{25}} \cr & = {\text{Rs}}{\text{.}}\,40000 \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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