Arithmetic Ability
Profit and Loss

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Q.

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V ?

View Answer

Correct choice: A

Explanation:

Let 'x' be the cost price. Now Marked price = x + 30x/100 = 13x/10 10% discount = 10/100 x 13x/10 = 13x/100 Selling price = 13x/10 - 13x/100 = 117x/100 Given gain = 340 Here gain = 117x/100 - x = 17x/100 = 340 => x = Rs. 2000.
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