A seller allows a discount of 5% on a watch. If he allows a discount of 7% he earns ₹ 15 less in the profit… · ABC26GN2795
Subject: General Aptitude · Chapter: Profit and Loss · Exam: R.R.B. 2006
A seller allows a discount of 5\% on a watch. If he allows a discount of 7\% he earns ₹ 15 less in the profit. What is the marked price?
(a)₹ 697.50
(b)₹ 712.50
(c)₹ 750
(d)₹ 817.50
Answer
Explanation
Let the marked price be ₹ $x$. Then, 7\% of $x-5 \%$ of $x=15 \Rightarrow 2 \%$ of $x=15$ $$\Rightarrow x=\left(\frac{15 \times 100}{2}\right)=750 .$$
Explanation as extracted from the printed page; notation may be imperfect.
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