Question

A gadget is sold at a 15% discount on its marked price. This sale leads to a profit of 20% on its cost price.If the profit earned is ₹450, what would have been the selling price if the gadget was sold at a 25% discount on its marked price?

• A. ₹2585.36
• B. ₹1528.24
• C. ₹2879.45
• D. ₹2382.35

Answer 1

Answer:

D. ₹2382.35

Given:

• Profit = ₹450

• Profit = 20% of Cost Price

Step 1: Find the Cost Price

$20\% \text{ of CP}=450$

$CP=\frac{450\times100}{20}$=₹2250

So the original selling price is:

SP=2250+450=₹2700

Step 2: Find the Marked Price

The gadget was sold at 15% discount, so SP = 85% of MP.

$85\% \text{ of MP}=2700$
$MP=\frac{2700\times100}{85}$=₹3176.47

Step 3: Sell at 25% discount

New SP = 75% of MP:

$SP=3176.47\times\frac{75}{100}$
$\boxed{SP}$=₹2382.35

Answer: ₹2,382.35 approximately.