Question

If a suitcase is sold by allowing a discount of 15%, there is a profit of Rs. 250. If the suitcase is sold by allowing a discount of 30%, then there is a loss of Rs. 500. Find the marked price of the suitcase.
Answer with all steps

Answer 1

Answer:

ANSWER

Let the labelled price be Rs x.

Then 120% of x=2880

⇒x=

120

(2880×100)

=Rs2400

C.P = 85% of the 2400 =

100

(85×2400)

=2040