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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale , what would be the lowest possible price of a toy costing TK. 16 before any discount ?

A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale , what would be the lowest possible price of a toy costing TK. 16 before any discount ? Correct Answer TK. 7.20

Let cost price(CP) of toy is 100 tk And maximum profit 40% Selling price at 40% discount is 100 - 40 = 60 tk Selling price (SP) After Another additional 25% discount is 60 - 25% of 60 = 60 - 15 = 45 Now If CP is 100tk then possible SP is 45tk "    "     "    16tk      "        "       "  is (45×16)/100 = 7.2 tk     Ans. 7.2tk 

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