7. A manufacturer allows a discount of 25% on the list price of a motor cycle and after this
earns a profit of 20%. If the profit on one motor cycle is 500, find its list price.
(Ambikapur, 2013) (Ans. 4,000)
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Question:-
A manufacturer allows a discount of 25% on the list price of a motor cycle and after this
earns a profit of 20%. If the profit on one motor cycle is 500, find its list price.
ANSWER:-
A cycle merchant allows 25 discount on the marked price
A merchant allows 25% discount on marked price of the cycle and still makes a profit of 20%. If he gains Rs. 360 over the sale of one cycle, find the marked price of the cycle.
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Answer:
A cycle merchant allows 25%of discount on the marked price
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