A garment company declared 15 % discount for wholesale buyers. Mr. Ashish bought garments from compa

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7.Profit and Loss

hard

A garment company declared $15 \%$ discount for wholesale buyers. Mr. Ashish bought garments from the company for $Rs.\, 25000$ after getting discount. He fixed up the selling price of garments in such a way that he earned a profit of $8 \%$ on original company price. What is the approximate total selling price? (in $Rs.$)

A

$28000$

B

$29000$

C

$31700$

D

$28500$

Solution

The original company price

$=$ Rs. $\left[\frac{25000 \times 100}{100-15}\right]=$ Rs. $\left[\frac{25000 \times 100}{85}\right]$

$=$ Rs. 29,411.76

Let the total $SP$ be $Rs$. $p$

Now according to question:

$=\frac{p-29411.76}{29411.76} \times 100=8 \Rightarrow p=$ $Rs. 31,764.70$

Standard 13

Quantitative Aptitude

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