Giridhar purchased 100 sarees @ Rs. 450per piece. While selling he offered 10%discount on the labelled price and earneda proflt of 20%. What was the labelled priceof each saree ?
Giridhar purchased 100 sarees @ Rs. 450 per piece. While selling he offered 10%discount on the labelled price and earneda proflt of 20%. What was the labelled priceof each saree ?
ARs. 540
BRs. 650
CRs. 590
DRs. 600
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Correct answer is: Rs. 600
Explanation:
Let the labelled price of each sari be Rs. x.
According to the question,\(\text{90% of x} = \frac{120 \times 450}{100}\)
\(\implies \frac{90 \times x}{100} = \frac{120 \times 450}{100}\)\(\implies x = \frac{120 \times 450}{90}\)
= Rs. 600
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