A shopkeeper buys a table listed at ₹2,500 and gets successive discounts of $20 %$ and $10 %$ . He spends ₹60 on transportation and sells it at a profit of $20 %$ . Find selling price of the table.

Rs.1146

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Rs.2736

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Rs.2232

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Rs.1543

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Solution

The correct option is C
Rs.2232

Marked price of the article = ₹ 2500 ; Successive discount $d_{1}$ = 20% and Successive discount $d_{2}$ = 10 %

Effective price shopkeeper pays for the article

= M.P. $\times \frac{100 - d_{1}}{100} \times \frac{100 - d_{2}}{100}$
= 2500 $\times \frac{100 - 10}{100} \times \frac{100 - 20}{100}$
= 2500 $\times \frac{90}{100} \times \frac{80}{100}$
= ₹ 1800

Amount spent on repairs = ₹ 60
$∴$ New price = 1800 + 60 = ₹ 1860
Profit = $1860 \times \frac{20}{100} = ₹ 372$
Selling price = 1860+ 372
= ₹ 2232

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A shopkeeper buys a table listed at ₹2,500 and gets successive discounts of 20% and 10%. He spends ₹60 on transportation and sells it at a profit of 20%. Find selling price of the table.

A shopkeeper buys a table listed at ₹2,500 and gets successive discounts of $20 %$ and $10 %$ . He spends ₹60 on transportation and sells it at a profit of $20 %$ . Find selling price of the table.