Question

The marketed price of a T.V. is Rs. $32,500$. After allowing a $20$% Diwali discount to customer, a shopkeeper still makes a profit of $30$%. Find the cost price of the T.V.

• A. $2000$
• B. $26000$
• C. $20000$
• D. $2600$

Answer 1

The correct option is C $20000$

Market Price $=32500$ , Discount $=20\%$

Selling Price $=MP-Discount\times MP$

$⟹32500-\frac{20}{100}\times 32500=26000$

The shopkeeper still makes a profit of $30\%$ after selling it at Rs $26000$

SP $=CP-Profit$

$⟹26000=CP+\frac{30}{100}CP=\frac{13}{10}CP$

$⟹CP=20000$

$\therefore$ Cost Price of the T.V. is Rs $20000$