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 $1800$
• B. Rs $1650$
• C. Rs $1188$
• D. Rs $1210$

Answer 1

The correct option is D Rs $1210$

$\Rightarrow$ M.P of table is Rs. 1500

$\Rightarrow$ Discount percent allowed for first time is 20%

$\Rightarrow$ Price after discount = M.P - Discount

$\Rightarrow$ Price after discount = $1500-\frac{20}{100}\times 1500=Rs.1200$

$\Rightarrow$ Discount percent allowed for the second time is 10%

$\Rightarrow$ Price after discount = $1200-\frac{10}{100}\times 1200=Rs.1080$

$\Rightarrow$ Other cost = $Rs.20$

$\Rightarrow$ Total C.P = Rs. 1080 + Rs. 20 = Rs. 1100

$\Rightarrow$ Profit percent earned by selling the table is 10%.

$\therefore$ S.P of table = C.P + Profit

$\Rightarrow$ S.P of the table = $1100+\frac{10}{100}\times 1100=Rs.1210$

$\therefore$ The selling price of table is $Rs.1210$.