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 D3000.00 Let the advertised price be Rs. 100 ∴ S.P.of the T.V. set =100−10= Rs. 90 Since he gains 20% ∴C.P.of the T.V. set =100×90120= Rs. 75 ∴ Profit =90−75= Rs. 15 If profit is Rs. 15, then advertised Price = Rs. 100 ∴ Profit is Rs. 450 advertised Price =10015×450= Rs. 3000