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A dealer buys a table listed at ₹ 1,500 and gets successive discounts of 20 % and 10 %. He spends ₹ 20 on transportation and sells at a profit of 20 %. Find the Selling Price of the table (in rupees).
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- 1320
- 1080
- 1200
- 1230
Correct Option: A
Single equivalent discount = | 20 + 10 − | = 28% | |||
100 |
∴ C.P of table = | |
100 |
∴ C.P of table = | |
100 |
∴ C.P of table = ₹ 1080
Actual C.P. = 1080 + 20 = ₹ 1100
∴ Required S.P. = 1100 × | = ₹ 1320 | |
100 |