A restaurant sells its meals which costs Rs. 120 to make at 20% profit. Online delivery apps charges 20% of the sales as commission. In case any offer is launched by the app, 50% of the cost needs to be borne by the restaurant. If the app offers 10% discount, how much he should mark the meals so that he earns same profit? (in rupees)
A restaurant sells its meals which costs Rs. 120 to make at 20% profit. Online delivery apps charges 20% of the sales as commission. In case any offer is launched by the app, 50% of the cost needs to be borne by the restaurant. If the app offers 10% discount, how much he should mark the meals so that he earns same profit? (in rupees) Correct Answer 192
Let the marked price be Rs. x
So if he has sold at the price, commission to the app = 20/100 × x = 0.2x
Share of the restaurant = x – 0.2x
⇒ 0.8x
The app offers 10% discount
Cost of discount = 10/100 × x = 0.1x
50% to borne by restaurant
0.05x to be borne by restaurant
Net pay to restaurant = 0.8x – 0.05x
⇒ 0.75x
Selling price = Cost price × (100 + profit%)/100
⇒ 120 × (100 + 20) /100
⇒ 144
0.75x = 144
x = 144/0.75 = Rs. 192
∴ Required answer is Rs. 192.