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Question

'A' sells a suitcase to 'B' at 10% profit. 'B' sells it to 'C' for Rs. 2860, earning 30% profit. What is the cost price for 'A'?

The correct answer is

Rs. 2000

Profit and Loss Calculation Explained This problem involves calculating the original cost price of a suitcase based on a series of transactions involving profits. The price at which A sells it to B is the cost price for B. Therefore, the correct answer is Rs. 2000.

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Important Questions from Discount and MP

  1. If a trader marks the price of an article 50 percent more than the cost price and allows a discount of 30 percent, then what is his profit percentage?

  2. What will be the selling price of an article if two successive discounts of 15% and 12% are offered on its marked price of Rs. 25,500?

  3. Printed price of a mobile is Rs. 6,400. It is sold in Rs. 2,560 with two consecutive discount. If first discount is 20%, then what is the second discount?

  4. Lekhana saves Rs. 15 on the purchase of a book when a discount of 20% is given. How much did she pay for the book?

  5. What will be the selling price if three successive discounts of 10% is applied on an item marked at Rs 3000?

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