Question

A shopkeeper sells a badminton racket, whose marked price is Rs.30, at a discount of 15% and gives a shuttle cock costing Rs.1.50 free with each racket. Even then makes a profit of 20%. His cost price per racket is :

• A. Rs. 19.75
• B. Rs. 20
• C. Rs. 21
• D. Rs. 21.25

Answer 1

The correct option is B Rs. 20

Marked Price = Rs 30
S.P = 85% of M.P = 85% of Rs. 30 - Rs 1.50 = 24
120% of C.P = 24
$\therefore C.P=\frac{24\times 100}{120}=20$