A man bought a table with MP of Rs.600 after getting two succesive discount of 20% and 10% respectively..He spent 10% of the buying price on transportation..At what price should he sell the table to get a 15% profit?.
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Market Price = 600
20% discount on MP = 600 x 20/100 = Rs120
Price after 20% discount (New Price) = 600-120 = Rs480
10% discount on New Price = 480 x 10/100 = Rs48
Final Buying price = 480 - 48 = Rs432
Transport charges = 432 x 10/100 = 43.2
Total money spent in buying it = 432+43.2 = Rs475.2
15% of 475.2 = 475.2 x 15/100 = 71.28
Required selling price for 15% profit = 475.2 + 71.28 = Rs 546.48
20% discount on MP = 600 x 20/100 = Rs120
Price after 20% discount (New Price) = 600-120 = Rs480
10% discount on New Price = 480 x 10/100 = Rs48
Final Buying price = 480 - 48 = Rs432
Transport charges = 432 x 10/100 = 43.2
Total money spent in buying it = 432+43.2 = Rs475.2
15% of 475.2 = 475.2 x 15/100 = 71.28
Required selling price for 15% profit = 475.2 + 71.28 = Rs 546.48
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