A departmental store marked up the price of an electronic gadget by 60% above its cost price. During a clearance sale, it offered two successive discounts of 25% and 10%. If the final selling price was Rs. 2,430, what was the cost price of the gadget?
Rs. 2,250
Marked price = \(1.6 \times CP\). After discounts of 25% and 10%, selling price = \(MP \times 0.75 \times 0.9 = 1.6 \times 0.675 \times CP = 1.08 \times CP\). Since SP = Rs. 2,430, \(CP = 2430/1.08 = Rs. 2,250\).
Similar Questions
An investment is made in a business. In the first year, it gains 25%, in the second year, it loses 20%, and in the third year, it gains 10%. What is the overall gain or loss percentage?
Important Questions from Successive Selling
A dealer sold an article at a loss of 2%. Had he sold it for Rs. 44 more, he would have gained 20%. Find the cost price of the article
Radha purchased a Computer table for Rs. 10000 and a Centre table for Rs. 5000. She sold Computer table with 8% profit. With what profit percent should she sell the Centre table so as to gain 10% on the whole transaction.
If selling price of 75 articles is equal to cost price of 60 articles, then the approximate loss or gain percent is :
A.T.V. is sold at 8% gain. Had it been sold for Rs.2553 less; there would have been loss of 15%. To gain 18%, the selling price (in Rs.) of T.V. would be:
Some fruits are bought at 15 for Rs. 140 and an equal number of fruits at 10 for Rs. 120. If all the fruits are sold at Rs. 132 per dozen, then what is the profit percent in the entire transaction?
