Question : Ramesh gives a 15% additional discount along with a discount of 25% on the marked price of a sofa set. If the selling price of the sofa set is INR 12,750, then find the marked price of the sofa set.
Option 1: INR 20,000
Option 2: INR 23,000
Option 3: INR 22,000
Option 4: INR 24,000
Correct Answer: INR 20,000
Solution : Let's denote the marked price of the sofa set as \( M \). Given: Ramesh gives a discount of 25% on the marked price, which means the selling price becomes \( 0.75M \) after this discount. Additionally, Ramesh gives a 15% additional discount on the selling price. After the 25% discount, the selling price is = \( 0.75M \) After the additional 15% discount, the selling price becomes = \( 0.85 \times 0.75M = 0.6375M \) Given that the selling price is INR 12,750, we have the equation: $0.6375M = 12750$ We can solve this equation to find the marked price \( M \). $M = \frac{12,750}{0.6375}$ $⇒M = 20000$ Therefore, the marked price of the sofa set is INR 20,000. Hence, the correct answer is INR 20,000.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : An article is sold at a discount of 25% and an additional discount of 28% is allowed on cash payment. If Ramendra purchased the article by paying INR 10,800 in cash, then what was the marked price of the article?
Question : On a marked price, the difference of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is INR 504. The marked price of the article (in INR) is:
Question : The price of a treadmill is marked at INR 1,250. A shopkeeper earns a profit of 14% after allowing a discount of 14% on the marked price. Find the cost price (to the nearest rupee) of the treadmill.
Question : On the marked price of an article, the sum of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is INR 1,995. The marked price of the article (in INR) is:
Question : After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is INR 300?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile