A dealer paid a car manufacturer Rs. 1,35,000 for a car. What should be the selling price of the car, if after allowing a buyer 10 % discount on the selling price, he made a profit of 8 % on his outlay?
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The selling price is Rs.131220
Step-by-step explanation:
Cost price of car = Rs.135000
Discount% = 10%
Cost after discount = 135000-0.1(135000)=121500
Profit% = 8%
Selling price = Cost price + Profit
SP = 121500+0.08(121500)
SP=131220
Hence The selling price is Rs.131220
#Learn more:
By selling a car for 73,00,000 a
dealer makes a profit of 25%. At what price
did the dealer by the car ?
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