Latest Elitmus Aptitude Question SOLUTION: a dealer makes a profit of 20% even after giving a 10% discount on the the advertised price of a scooter.if he makes a profit of rs 7500 on the sale of the scooter,the advertised p

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(#M40164418) ELITMUS Numerical Ability question Keep an EYE

a dealer makes a profit of 20% even after giving a 10% discount on the the advertised price of a scooter.if he makes a profit of rs 7500 on the sale of the scooter,the advertised price was how much?

Asked In Elitmus Sniper (7 years ago)

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Devendra Marghade  (7 years ago)

Rs. 50000

Let CP=Rs. x and Advertised Price=Rs. y, then
(120/100)*x = (90/100)*y
=> 4x = 3y or y=4x/3
As 20% profit =Rs. 7500, so CP, x = (100/20)*7500 = Rs. 37500
Hence advertised price y=4x/3 =4*37500/3 =Rs. 50000

Is this solution Helpfull? Yes (17) | No (3)  

RAJ SARAOGI  (7 years ago)

20 % = 7500 therefore 100% = 7500*5=37500 that will be cp.
Now 20% profit therefore sp = 37500+7500=45000
Now after 10% discount it is 45000 therefore orignal will be 100/90*45000=50000

Is this solution Helpfull? Yes (7) | No   

Ali  (7 years ago)

Let CP = x and MarkPrice = y
He gives 10% discount (its on mark price) so SP = 0.9y

get a profit of 7500 so

20 = ( 7500 / x ) / 100 => x = 37500
So CP = 37500

We want mark price y
so 7500 = SP - CP
7500 = 0.9y - 37500

y = 50000

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pritesh  (7 years ago)

this type of belongs to marked price up.
i.e when i sold something we merked up(increase) of the cost price.
marked price = cp + cp%profit.
given , profit = 7500.
profit % = 20 %.
cp = profit/profit% * 100.
cp = 7500/20 * 100.
cp = 37500.
marked price = 37500 + (37500 * 20)/100. = 45000
now then the selling price with discount 10% then, sp = marked price - %discount.
sp = 45000 - (45000*10)/100.
advertised price = sp =40,500 rs

Is this solution Helpfull? Yes (1) | No (5)  

humeil makhija  (5 years ago)

50,000
Cp + p = Advertised price - disount
cp + p/100 * cp = Advertised price - discount % on advertised price
1.20cp = 0.90AP

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