Question
A company declared 20% discount for wholesale buyers on
an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He fixed up selling price of the item in such a way that he earned a profit of 15% on the original company price. What is the selling price of the item?Solution
Given, after 20% discount, cost price of the item for the wholesale buyer = ₹400 Let the original company price be x. ∴ x - 20% of x = ₹ 400 ⇒ 0.8x = 400 ⇒ x = ₹ 500 He earned a profit of 15% on the original company price. ⇒ Selling price of the item = ₹ 500 + 15% of ₹ 500 = 1.15 * 500 = ₹ 575
What is the primary goal of the 'Project Collaboration Agreement' between the Ministry of Ayush and the World Health Organization (WHO)?
Consider the following pairs with reference to various dynasties of Sultanate period and development of architectural features:
What was the theme International Women's Day 2022?
State Bank of India has set up_____Â Hubs at the Top 21 district centres across the country to provide quick and efficient transaction banking solution...
What is the current Public Provident Fund (PPF) interest rate for January-March 2025, as per the unchanged small savings rates?
How much content is available in Teaching Kits within The TeacherApp?
- Which international declaration will be adopted at the 3R and Circular Economy Forum 2025?
Reserve Bank of India has imposed a penalty of ______ on state-owned Indian Overseas Bank (IOB) for non-compliance of income recognition and other defic...
- Where was the Shastri Bilateral Education Forum (SBEF) 2025 held?
Which company has become a participant in the United Nations Global Compact?
