The labelled price of a cupboard is Rs.6,500/-. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?

Report

Report an issue

Name

Email

Message

Submit

Cancel

INSURANCE EXAMS (LIC) 2005 click here to view all questions

The labelled price of a cupboard is Rs.6,500/-. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?

ARs.5,800/-

BRs.5,600/-

CRs.5.000/-

DRs.5,350/-

Nithin ? undefined

Correct answer is: Rs.5,350/-

Explanation:

According to question
Selling Price

\(= \text{Rs. }6500 - \text{Rs. }\frac{6500 \times 5}{100}\)

= Rs.6500 - Rs.325 = Rs.6175

Therefore, Cost Price = Rs.  \( \frac{6175 \times 85}{100}\)

=Rs.5248.75

=Rs.5350

All DiscussionsClick here to write answer

Correct answer is: Rs.5,350/- Explanation: According to question Selling Price \(= \text{Rs. }6500 - \text{Rs. }\frac{6500 \times 5}{100}\) = Rs.6500 - Rs.325 = Rs.6175 Therefore, Cost Price = Rs.  \( \frac{6175 \times 85}{100}\) =Rs.5248.75 =Rs.5350 Nithin ? answered undefined All Comments

Post your answers here:

Post

Post your comments here:

Message

Post

Cancel