Kunal bought a suitcase at a discount of $15 %$ . He sold the suitcase for ₹ 2880 which is $20 %$ above the marked price. At what price did he buy the suitcase?

₹. 2400

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₹. 2040

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₹. 2600

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₹. 2044

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Solution

The correct option is B
₹. 2040

Selling Price of suitcase = ₹ 2880 which is 20 % above the marked price

marked price = $\frac{100}{120} \times 2880$

= ₹ 2400

Hence, the marked price of the suitcase is ₹ 2400

Cost price of the suitcase = ₹ 2400 - 15% of ₹. 2400

= ₹ 2400 - $\frac{15 \times 2400}{100}$

= ₹ 2400 - 360

= ₹ 2040

Kunal bought the suitcase for ₹ 2040.

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Kunal bought a suitcase at a discount of 15%. He sold the suitcase for ₹ 2880 which is 20% above the marked price. At what price did he buy the suitcase?

Kunal bought a suitcase at a discount of $15 %$ . He sold the suitcase for ₹ 2880 which is $20 %$ above the marked price. At what price did he buy the suitcase?