a dealer buys a table listed at Rs 500 and gets a discount of 28%.He spend Rs 15 on the transportation and sells it at a gain of 20%.Find the selling price of the table
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Discount=28%of500
=28/100×500
=140
140-15=125
Remining=500-125
=475
S.P=20%of 475
=20/100×475=95
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The selling price of the table is Rs 450
Solution:
Given that,
Dealer buys a table listed at Rs 500 and gets a discount of 28%
Find the cost price
cost price = 500 - 28 % of 500
He spend Rs 15 on the transportation
Thus, cost price = 360 + 15 = 375
He sells it a gain of 20 %
Thus,
selling price = 375 + 20 % of 375
Thus the selling price of the table is Rs 450
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