The cost price of a television is Rs. 2400, which is 20 % below the marked price. If it is sold at a discount of 16 % on the marked price, then, find its marked price, selling price, and profit%?

Question

The cost price of a television is Rs. 2400, which is 20 % below the marked price. If it is sold at a discount of 16 % on the marked price, then, find its marked price, selling price, and profit%?

Rs. 4000, Rs. 3520, 6%
Rs. 3000, Rs. 2520, 5%
Rs. 5000, Rs. 6250, 7%
None of the above

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-04T04:29:57+06:00

Option 2 : Rs. 3000, Rs. 2520, 5%

Given :

The cost price of the television is Rs. 2400

Cost price is 20% below the marked price

Calcualtions :

Let the marked price be M.P

Let the cost price be C.P

Let the selling price be S.P

According to the question,

C.P = M.P - 20% of M.P

C.P = 80% of M.P

2400 = (80/100) × M.P

M.P = 3000 rupees

Now,

S.P = M.P - 16% of M.P

S.P = 84% of M.P

S.P = (84/100) of 3000

S.P = 2520 rupees

Profit % = (S.P - C.P)/C.P × 100

⇒ (120/2400) × 100

⇒ 5%

∴ The marked price is Rs. 3000, selling price is Rs. 2520 and the profit% is 5%