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Question

A shopkeeper makes a profit of 20 % even after giving a discount of 10 % on the advertised price of a T. V. set. If he makes a profit of Rs. 450, the advertised price (in rupees) is

A
2700.00
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B
2842219
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C
3000.00
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D
6750.00
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Solution

The correct option is D 3000.00
Let the advertised price be Rs. 100
S.P.of the T.V. set
=10010= Rs. 90
Since he gains 20%
C.P.of the T.V. set
=100×90120= Rs. 75
Profit =9075= Rs. 15
If profit is Rs. 15, then advertised Price = Rs. 100
Profit is Rs. 450 advertised Price
=10015×450= Rs. 3000

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