A shopkeeper sells a badminton racket whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price, per racket is = ?
A. Rs. 21.00
B. Rs. 21.25
C. Rs. 20.00
D. Rs. 17.75
Answer: Option C
Solution(By Examveda Team)
Mark price of racket = Rs. 30After discount selling price = 85% of Rs. 30
$$\eqalign{ & = \frac{{85}}{{100}} \times 30{\text{ }} \cr & = {\text{Rs}}{\text{. 25}}{\text{.50 }} \cr & {\text{Selling price of racket }} \cr & = {\text{25}}{\text{.50}} - {\text{1}}{\text{.50}} \cr & = {\text{Rs}}{\text{. 24}} \cr & {\text{Cost price of racket}} \cr & = 24 \times \frac{{100}}{{120}}{\text{ }} \cr & = {\text{Rs}}{\text{. 20}} \cr} $$
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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