New 55% Off on All Courses - Enroll Now! Click Here

    Question

    A retailer set the price of a toy at 20% higher than its

    cost price and sold it to 'R' with a 25% discount. 'R' then spent Rs. 80 on repairs and sold the toy to 'S' for a 20% profit at Rs. 2040. Calculate the original cost price of the toy for the retailer.
    A Rs.1850 Correct Answer Incorrect Answer
    B Rs.1500 Correct Answer Incorrect Answer
    C Rs.1800 Correct Answer Incorrect Answer
    D Rs.1300 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let cost price of the toy for shopkeeper = Rs. 100a Cost price of the toy  for 'R' = 1.2 × 0.75 × 100a = Rs. 90a Cost price for 'S' = 1.2 × (90a + 80) According to question, 1.2 × (90a + 80) = 2040 108a + 96 = 2040 108a = 1944 a = 18 Original cost price of the toy  = 18 × 100 = Rs. 1800

    Practice Next

    Relevant for Exams: