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Question

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.

A

Rs 650

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B

Rs 550

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C

Rs 375

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D

Rs 450

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Solution

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

=50028100×500+15

=500140+15

=Rs. 375

SP for the seller = CP + Gain

=375+20100×375

=375+75

=Rs. 450


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