Question

An agent makes a profit of 20% even after a discount of 10% on the advertised price. If he makes a profit of Rs. 900 on the sale of a scooter, then the advertised price is

• A. Rs. 4,500
• B. Rs. 4,000
• C. Rs. 6,000
• D. Rs. 5,050

Answer 1

Answer: (C)

Rs. 6,000

The advertising price is basically the marked price.

Agent makes a profit of $20\%$ after giving a discount of $10\%$

Marked Price $\times$ $(1$ $-$ Discount$\%)=$Cost Price $\times (1+$Profit$\%)$

$\therefore MP\times \frac{90}{100}=CP\times \frac{120}{100}=SP$

Profit $=SP-CP$

$\therefore 900=\frac{20}{100}\times CP$

$CP=4500$

$\Rightarrow$ Advertised Price $=\frac{120}{90}\times 4500=$ Rs. $6000$

Answer $=$ Rs $6000$