A whole-seller after allowing a successive discount of 20% and 10% on the list price of a product get a profit of Rs. 120. find the cost price of the product, If list price of the product is Rs. 1000.?

Rs. 400
Rs. 440
Rs. 600
Rs. 500
None of these

LohaHridoy

7 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 3 : Rs. 600

Given:

A whole-seller after allowing a successive discount of 20% and 10% on the list price of a product get a profit of Rs. 120

Formula Used:

Cost price = Selling price - profit

Calculation:

List price or marked price = Rs. 1000

⇒ Selling price of product = 1000 × (0.8) × (0.9) = Rs. 720

⇒ Cost price of product = Rs. (720 - 120) = Rs. 600

7 views Answered 2022-09-04 04:29

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