A dealer buys a table listed at Rs. 500 and gets a discount of 28%. He spends Rs. 15 on transportation and sells it at a gain of 20%. Find the S.P. of the table.
The correct option is D: Rs. 450
Given: Listed price of the table =Rs. 500
Discount on listed price =20%
Transportation cost =Rs. 15
Gain % on selling the table =20%
CP for the seller = (Listed Price - Discount) + Transportation cost
=500−28100×500+15
=500−140+15
=Rs. 375
SP for the seller = CP + Gain
=375+20100×375
=375+75
=Rs. 450