A mirror is listed at Rs. 1,000. A retailer buys it with two discounts of 20% and 10% each. The retailer incurs an additional cost of 10% of the cost of mirror on wood work for making a dressing table. At what price should he sell the dressing table to make profit of 15%?

R s . 900

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R s . 910.8

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R s . 800

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R s . 840

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Solution

The correct option is B $R s . 910.8$
Initial C.P of mirror = 1000
After first discount C.P = 1000-20% of 1000 = 800
After 2nd discount C.P = 800-10% of 800 = 720
10% Cost for wood work now C.P = 720+10 % of 720 = 792
For selling on 15% profit the selles price would be $= 792 \times \frac{15}{100} + 792 = 118.80 + 792 = 910.80$

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A mirror is listed at Rs. 1,000. A retailer buys it with two discounts of 20% and 10% each. The retailer incurs an additional cost of 10% of the cost of mirror on wood work for making a dressing table. At what price should he sell the dressing table to make profit of 15%?

The correct option is B Rs.910.8Initial C.P of mirror = 1000After first discount C.P = 1000-20% of 1000 = 800After 2nd discount C.P = 800-10% of 800 = 72010% Cost for wood work now C.P = 720+10 % of 720 = 792For selling on 15% profit the selles price would be=792×15100+792=118.80+792=910.80