Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 21062

Q.  At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?
- Published on 19 Apr 16

a. Rs. 2,025/-
b. Rs.1,900/-
c. Rs. 1,675/-
d. Rs. 1,875/-
e. None of these

ANSWER: Rs. 1,875/-
 
Cost of a sewing machine = Rs. 1200/-
By giving 20% discount on the marked price of a sewing machine, the cost price is :
100/80 * 1200 = Rs. 1500/- By making a profit of 25% on the cost price of a sewing machine, the marked price of the sewing machine is:
125/100 × 1500 = 125 × 15 = Rs. 1,875/-

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