Scholarship Exam Preparation App
Class 7 - (Math )
Applied mathematics - Profit-Loss, Discount, Rebate, Commission
The purchase price of one item is ₹ 1200. If the shopkeeper makes 20% profit on the item even with 25% discount, what is the printed price of the item?
a :
₹ 1800
b :
₹ 1920
c :
₹ 1600
d :
₹ 2000
Explanation :
Profit occurs on purchases. Selling price = 1200 + (20% of 1200 ) = 1200 + 240 = ₹ 1440.
This selling price comes after 25% discount on the printed price.
Suppose the printed price is x. x * 75% = 1440 -> x = 1440 * 100 / 75 = 1440 * 4 / 3 = ₹ 1920
This selling price comes after 25% discount on the printed price.
Suppose the printed price is x. x * 75% = 1440 -> x = 1440 * 100 / 75 = 1440 * 4 / 3 = ₹ 1920