📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    A piece of furniture is marked 60% above its cost price

    and is sold for Rs. 1,512 after giving two successive discounts of 15% and 10%, respectively. Determine the difference between the marked price and the cost price of the furniture.
    A Rs.500 Correct Answer Incorrect Answer
    B Rs.600 Correct Answer Incorrect Answer
    C Rs.735 Correct Answer Incorrect Answer
    D Rs.650 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ Marked price of the furniture = {1512 / (0.85 × 0.90)} = Rs. 1,960 Cost price of the furniture = (1960 / 1.60) = Rs. 1,225 Required difference = 1960 – 1225 = Rs. 735

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question