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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