Multiple Choice Questions on Manoj sold an article for Rs 15 000 Had he offered a discount of 10 on the selling price he wo........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Manoj sold an article for Rs 15 000 Had he offered a discount of 10 on the selling price he wo...........

Quantitative Aptitude ( CCS) Profit and loss
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     Manoj sold an article for Rs. 15,000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price?

    13,500

    Incorrect Answer

    16,500

    Incorrect Answer

    12,500

    Correct Answer

    21,500

    Incorrect Answer
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    Explanation:

    SP = 15,000,  Discount = 10%  => 15,000 × 10% = 1500

    So Final Selling Price = 15,000 - 1500 = 13,500

    Since there is a profit of 8%;

    So If CP is 100 units; then S.P = 108 units ------> 13,500 Rs.

                                                         1 unit -----------> 13,500/108

                                                         100 units ------> 13,500/108 × 100 = 12,500 Rs. 

    By: Deepak Dawra
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