ABC26GN2798 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2009 · Marks: · Difficulty:

Manoj sold an article for ₹ 15000. Had he offered a discount of 10\% on the selling price he would have earned a profit of 8\%. What is the cost price?

(a)₹ 12250

(b)₹ 12500

(c)₹ 13250

(d)₹ 13500

(e)None of these

Answer

Answer (as printed): B

Explanation

When discount $=10 \%$, S.P. $=90 \%$ of $₹ 15000=₹ 13500$. Profit = 8\%. $$\text { ∴ C.P. }=₹\left(\frac{100}{108} \times 13500\right)=₹ 12500 .$$

Explanation as extracted from the printed page; notation may be imperfect.

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