Question

A dealer buys a table listed at rs.1,500 and gets successive discount of 20% and 10% he spends rs.20 on transportation and sells it at a profit of 10% find the selling price of table 

Answer 1

M.P of the table is Rs. 1500
Discount% allowed for the 1st time is 20%
Price after discount = M.P - Discount
                             = 1500 - 20/100 x 1500
                             = Rs 1200
Discount% allowed for the 2nd time is 10%
Price after discount = 1200 - 10/100 x 1200
                             = Rs 1080
OVC = Rs 20
Therefore, total C.P = Rs 1080 + 20 = Rs 1100
Profit% earned by selling the table is 10%
therefore, S.P of the table = C.P + Profit
                                      = 1100 + 10/100 x 1100
                                      = Rs 1210

Answer 2

M.P of the table is Rs. 1500
Discount% allowed for the 1st time is 20%
Price after discount = M.P - Discount
                             = 1500 - 20/100 x 1500
                             = Rs 1200
Discount% allowed for the 2nd time is 10%
Price after discount = 1200 - 10/100 x 1200
                             = Rs 1080
OVC = Rs 20
Therefore, total C.P = Rs 1080 + 20 = Rs 1100
Profit% earned by selling the table is 10%
therefore, S.P of the table = C.P + Profit
                                      = 1100 + 10/100 x 1100
                                      = Rs 1210