Latest iGate Aptitude Question SOLUTION: The cost price of a television is rs 2400 which is 20% below the market price if it is sold at a discount of 16% on the market price then find its market price, selling price and p

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(#M40037232) IGATE Logical Reasoning question Keep an EYE

The cost price of a television is rs 2400 which is 20% below the market price if it is sold at a discount of 16% on the market price then find its market price, selling price and profit?

a) rs 3000 rs 2520 5%
b) rs 4000 3520 6%
c) rs 5000 6250 7%
d) none of the above

Asked In iGate K.DILEEP KUMAR (10 years ago)

Unsolved Read Solution (5)

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Shubhajit Halder  (10 years ago)

CP = 2400
Let MP = x
So, MP = x * 80/100 = 2400
MP = x = 3000
SP = 3000 * 16/100 = 480+3000 = 2520
Profit = 2520 - 2400 = 120
Profit% = 120*100/2400 = 5

Is this solution Helpfull? Yes (48) | No (3)  

manish aggarwal  (9 years ago)

let MP = x
therefore acc. to question C.P. = x - 20x/100
2400 = (100x-20x)/100
2400*100 = 80x
therefore Market price x = (2400*100)/80 = Rs. 3000

now S.P = MP - Discount
= 3000 - 480 ( bcoz discount in rs = (16/ 100)*3000 = 480)
= 2520
profit = 2520 -2400 = 120 i.e. 5%

Is this solution Helpfull? Yes (9) | No   

RAM NARAYAN PATRO  (10 years ago)

cost price is of TV = 2400 which is 20% less than market price;
so market price = 2400*(120/100)=2880
now it sold 16% less than the market price = 2880*(84/100)=2419.2
so %profit = (19.2/2400)*100= 0.8

Is this solution Helpfull? Yes (3) | No (16)  

UDAY KUMAR BEJJAM  (9 years ago)

Let Mrp = x;
20% below Mrp is (80/100)*x = 2400;
==> x = 3000;
so mrp =3000.
16% on 3000 will be (84/100)*3000 = 2520;

profit = sp - cp 2520 - 2400 = 120;

profit percentage = (120/2400 )*100;

Profit percentage = 5%.
option a

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mohan manoj  (9 years ago)

2400 +20%=2880, market price =2880.selling price wit 16% discount on market price is (2880-((16/100)*2880))=2420,% of profit is 5%

a

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