Question

A dealer buys an old cooler listed at Rs. $950$ and gets a discount of $10\%$. He spends Rs. $45$ for its repair. If he sells the cooler at a profit of $25\%$, then the selling price of the cooler is

• A. Rs. $1125$
• B. Rs. $1215$
• C. Rs. $1251$
• D. Rs. $1512$

Answer 1

Answer: (A)

Rs. $1125$

C.P. $=$ Rs. $950-10\%$ of Rs. $950$

$\Rightarrow 950-\frac{10}{100}\times 950$

$\Rightarrow 950-95=$ Rs. $855$
Repairs cost $=$ Rs. $45$
$\therefore$ Net C.P. $=$ Rs. $855+$ Rs. $45=$ Rs. $900,\text{Profit}=25\%$

S.P. $=\frac{100+\text{profit}\%}{100}\times \text{C.P.}$

$\therefore$ S.P. $=$ Rs. $\left(\frac{900\times 125}{100}\right)=$ Rs. $1125$