A vendor allows a discount of 16% to his customers and still gains 20%. The marked price of an item, which costs the vendor ₹ 11900, is?

₹ 14800
₹ 15700
₹ 16800
₹ 17000

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 4 : ₹ 17000

Given:

Cost price of the item = ₹11900

Discount = 16%

Profit = 20%

Formula used:

S.P. = (100 + Profit%)/100 × C.P.

M.P. = 100/(100 - Discount%) × S.P.

Where, C.P. = Cost price

S.P. = Selling price

M.P. = Market price

Calculation:

The selling price of the item = (100 + 20)/100 × 11900

= 120/100 × 11900

= 6/5 × 11900

= ₹14280

The market price = 100/(100 - 16) × 14280

= 100/84 × 14280

= 25/21 × 14280

= ₹17000

∴ The marked price of the item is ₹17000.

4 views Answered 2022-09-04 04:29

Related Questions

The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the discount offered by the shopkeeper on each Kurta Statement I: The sum of the marked price of 4kurtas is equal to the sum of total cost price of 8kurtas Statement II: The ratio of discount offered to the profit gained on each kurta is 1 : 2 Statement III: The sum of the selling price and the cost price of one kurta is Rs. 980.?

1 Answers 5 Views

The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the discount that was offered on the TV Statement I: A profit of 26.5% was earned by selling a TV for Rs. 19,350. Statement II: If the TV marked up the price by 32%. Statement III: The Marked price of the TV was Rs. 22,300?

1 Answers 4 Views

Rajesh allowed discount of 15% on the marked price of refrigerator which is Rs. 13800 and made a loss of 8%. If he wants to earn the profit of 18%, the selling price would be?

1 Answers 4 Views

Yukta sells her books at a discount of 20% to Surya. Surya after completion of his graduation sells his books at a discount of 15% to Rashmi. Rashmi sold these books at a loss of 5%. Had she been able to sell it at a gain of 9%, she would have fetched Rs. 140 more than she did. Find the selling price of books at which Yukta had sold her books?

1 Answers 4 Views

Shopkeeper assigns a discount of 10% on one article which is equivalent to a 20% discount on the second article. The marked price of two articles can be?

1 Answers 4 Views

A shopkeeper sells an item at a price that is higher than the cost price by 25% and uses a weight which is 25% less. Find his total profit.?

1 Answers 4 Views

The price of item A increases by 50 paise every year while the price of item B increases by 25 paise every year. If in 2008, the price of item A was Rs. 3.20 and that of B was Rs. 5.30, in which year item A will cost 40 paise more than the item B?

1 Answers 10 Views

Which of the following distinction(s) is/are not correct between public issue and rights issue (A) In public issue, applications for shares are invited from the general public and in rights issue, the shares are offered to existing shareholders. (B) In public issue there is no question of any over-subscription and in rights issue the shares may be under subscribed or over subscribed leading to prorata allotment. (C) The price of public issue is generally less than the market price and in rights issue, the price is deliberately made less than the market price. (D) In a public issue, the communication of the issue is through prospectus or advertisements and in a rights issue the communication is between the company and the existing members of the company. Choose the most appropriate answer from the options given below:?

1 Answers 6 Views

A dealer bought an article at 10% discount on its marked price, and sold it at a price which was 15% above the marked price. The gain per cent (correct to the nearest integer) is:?

1 Answers 6 Views

From among the following statements regarding Munshi Premchand and his works, which of them are correct (A) Premchand was among the first to portray the Dalits as independent and recognizable characters both as part of the poor and with their own particular problems (B) Premchand was extremely insensitive to the political and social movements of his times (C) Premchand was concerned both about social evils and enslaved conditions of his country (D) One of his (Premchand's) last and most famous stories, Kafan (the Shroud), was first published in Hindi in 1935 and later appeared in Urdu Choose the correct answer from the option given below:?

1 Answers 8 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)