A dealer buys a table listed at Rs.,1,500 and gets successive discounts of 20 % and 10 % . He spends

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7.Profit and Loss

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A dealer buys a table listed at $Rs.\,1,500$ and gets successive discounts of $20 \%$ and $10 \% .$ He spends $Rs.\, 20$ on transportation and sells at a profit of $20 \%$ Find the selling price of the table (in $Rs.$)

A

$1320$

B

$1080$

C

$1200$

D

$1230$

Solution

single equivalent discount

$=\left(20+10-\frac{20 \times 10}{100}\right)=28 \%$

$\Rightarrow$ $C.P.$of table $=\frac{1500 \times 72}{100}=₹ 1080$

Actual $C \cdot P = Z (1080+20)=₹ 1100$

$\therefore \quad$ Required $S.P.$ $=₹\left(1100 \times \frac{120}{100}\right)=Rs. 1320$

Standard 13

Quantitative Aptitude

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