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PUSHPENDRA BIRLA

· started a discussion

· 1 Months ago

12 % discount given....so discount always given on mark price . So here concept of mark price is not introduced....
So if we take cp =100 than 30% increase so mark price = 130 and now given 12% discount so 130*.88 = 114.4 so profit= (14.4/100)*100 =14.4% .

Question:

A radio manufacture fixed the selling price of radio as Rs.325, enhancing 30% of the cost of production but allowed 12% discount to his customer during sale. The profit in this transaction is ?

Options:
A)

Rs. 18    

B)

Rs. 72

C)

Rs. 36     

D)

Rs. 17.50 p

Solution:

Ans: (c)

  

PUSHPENDRA BIRLA

· commented

· 1 Months ago

And sp=114.4 is equl to 325 so 1 ratio is equal to 2.840 so our profit is 14.4 ratio so amount of profit is = 14.4*2.840=40.896

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