Question

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?

• A. ₹. 2400
• B. ₹. 2040
• C. ₹. 2600
• D. ₹. 2044

Answer 1

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.