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Question

A dealer buys a table listed at Rs 1500 and gets successive discounts of 20% and 10%. He spends Rs 20 on transportation and sells it a profit of 10%. Find the selling price of the table

A
Rs 1800
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B
Rs 1650
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C
Rs 1188
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D
Rs 1210
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Solution

The correct option is D Rs 1210
M.P of table is Rs. 1500
Discount percent allowed for first time is 20%
Price after discount = M.P - Discount
Price after discount = 150020100×1500=Rs.1200
Discount percent allowed for the second time is 10%
Price after discount = 120010100×1200=Rs.1080
Other cost = Rs.20
Total C.P = Rs. 1080 + Rs. 20 = Rs. 1100
Profit percent earned by selling the table is 10%.
S.P of table = C.P + Profit
S.P of the table = 1100+10100×1100=Rs.1210
The selling price of table is Rs.1210.


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