A dealer buys an article listed at Rs., 100 and gets successive discounts of 10 % and 20 % . He spen

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7.Profit and Loss

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A dealer buys an article listed at $Rs.\, 100$ and gets successive discounts of $10 \%$ and $20 \% .$ He spends $10 \%$ of the Cost Price on transportation. At what price should he sell the article to earn a profit of $15 \% ?$ (in $Rs.$)

A

$92.00$

B

$91.08$

C

$90.80$

D

$91.20$

Solution

$M.$$P=₹ 100$

$S.P =90 \% \times 80 \times(100)$

$S.P =₹ 72$

$₹72$ is $C – P , 10 \%$ on transportation, $CP$ becomes $=79.2 ₹$

To have $15 \%$ profit, $S.$ $P=115 \%(79.2)$

$=Rs.91.08$

Standard 13

Quantitative Aptitude

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