CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
Koushik ray

· started a discussion

· 1 Months ago

please explain (Question: 201239.0 )

ambiguous question

Question:
A shopkeeper allows 23% discount on his M.R.P. and still makes a profit of 10%. If he gains 56 on one item, his M.R.P. of the item is —
Options:
A) Rs. 800
B) Rs. 790
C) Rs. 780 
D) Rs. 820
Solution:
Ans: (a)


Knowledge Expert

· commented

· 1 Months ago

Dear Student.
Given question and solution is correct.
Explanation-
Let M.R.P = 100
discount=23%
s.P.= 77
Profit % = 10%
thus
C.P. = 100/(100+profit%)* S.P.
= 100/110 * 77
= 70 rs
Profit= 77-70= 7Rs

7 rs profit for MRP= 100 rs
1rs profit for MRP= 100/7
56 rs profit for MRP= 100/7 * 56 = 800 Rs.

Keep learning with us!!
Regards,
Team Toprankers

Knowledge Expert

· commented

· 1 Months ago

Yet to be approved!
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions