Question

 A package tour operator allows a 25 % discount on his advertised price and then makes a profit of 20 %. What is the advertised price on which he gains Rs. 60?​

Answer 1

Step-by-step explanation:

=>Profit = Selling price – Cost Price = 60.

=> Selling price = 1.2 (C. P.)

⇒ 1.2 C.P – C. P. = 60.

⇒ 0.2 C. P. = 60

⇒ C. P. = 300 and Selling price = 360.

List price or advertised price ⇒ (0.75) = Selling price ⇒ List price = Selling price/0.75 = 360/0.75 = Rs. 480.

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Answer 2

Profit = Selling price – Cost Price = 60. Selling price = 1.2 (C. P.) ⇒ 1.2 C.P – C. P. = 60.

⇒ 0.2 C. P. = 60 ⇒ C. P. = 300 and Selling price = 360.

List price or advertised price ⇒ (0.75) = Selling price ⇒ List price = Selling price/0.75 = 360/0.75 = Rs. 480.