A dealer bought a product for Rs. 6000, marked its price 55% above the cost price and sold it at successive discounts of 20% + ___%. The shopkeeper who bought the product marked its price 50% above the cost price and sold it at a discount of 25%, thereby earning a profit of Rs. ___.
Which of the following options satisfies the two blanks in the question?
A. 10, 837
B. 15, 790.5
C. 20, 748
D. 25, 697.5
This questions was previously asked in
SBI PO Mains (20 Jul, 2019)
A, B & C
Incorrect AnswerA, C & D
Incorrect AnswerB, C & D
Incorrect AnswerAll four
Incorrect AnswerExplanation:
- Initially, the dealer bought a product for Rs. 6000.
- Marked Price = 6000 + 55% of 6000 = Rs. 9300.
- After the first 20% discount, the price = 9300 - 20% of 9300 = Rs. 7440.
- Let the second discount be x%. The shopkeeper’s cost price = 7440 - x% of 7440.
- The shopkeeper marked the price 50% above cost price and sold at 25% discount.
- The selling price (with marked price 50% above) = 7440 * (1.5) * (0.75).
- Solving gives us profit and discounts satisfying conditions.
- Option A: Final DP is not a whole number.
- Option B: Profit = Rs. 790.5 fits; x = 15%.
- Option C: Profit doesn’t match.
- Option D: Profit = Rs. 697.5 fits for x = 25%.
Therefore, Option:2, A, B & D is correct.
![]()
By: Parvesh Mehta